Citi analyst Brian Flores upgraded Grupo Financiero Galicia to Neutral from Sell with a ARS 527 price target. The fundamentals of Argentina banks have proven resilient and their shares could potentially serve as investment instruments to play the election cycle, Flores tells investors in a research note.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly