Citi analyst Gabriel Gusan upgraded Telefonica Brasil to Buy from Neutral with a R$48 price target. The analyst sees more tailwinds for the company and strong cash generation. Telefonica Brasil is facing favorable dynamics within the mobile environment, led by the recent price-up adjustments, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on VIV:
