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OMA downgraded to Neutral from Outperform at Bradesco BBI
The Fly

OMA downgraded to Neutral from Outperform at Bradesco BBI

Bradesco BBI analyst Rodolfo Ramos downgraded OMA to Neutral from Outperform with a price target of $90, up from $85. The analyst sees a more balanced risk/reward following the stock’s recent rally. OMA has outperformed peers by a wide margin but remains the firm’s preferred stock with easier traffic comps for business travel, nearshoring momentum, lower regulatory risk, and upside from Vinci’s involvement in the company, the analyst tells investors in a research note.

Published first on TheFly

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