-
Goldman Initiates Itau Corpbanca At Buy, Sees 18% Upside
Wednesday, June 22, 2016 - 11:30am | 287Read More...Goldman Sachs has started coverage of Itau Corpbanca (ADR) (NYSE: ITCB) with a Buy rating and a price target of $14, implying an upside of 18 percent, on growth potential and synergy benefits. Itau Corpbanca, which was formed with the merger of Itaú Unibanco's Chilean operation and CorpBanca, is...
-
Four Brazilian Stocks with Momentum, and More Upside Potential
Monday, January 6, 2014 - 5:43pm | 947Read More...We recently pointed out that, by and large, Brazilian stocks missed last year's rally. However, steel producers Companhia Siderurgica Nacional (NYSE: SID) and Gerdau (NYSE: GGB) were among the top performing Brazilian stocks over the past six months. So were airline GOL Linhas Aereas...
-
Below $50, Problems Await Brazil ETF (EWZ)
Tuesday, June 26, 2012 - 8:52am | 810Read More...The iShares MSCI Brazil Index Fund (NYSE: EWZ), the largest exchange traded fund (ETF) tracking the largest Latin American economy, has technical problem. On Monday, the fund dropped below critical support at $50, touching a new 52-week low in the process. Volume was nearly 39% above the daily...
-
Latin American Banks See Improving Trends
Thursday, July 22, 2010 - 8:09am | 257Read More...As the trends among the Latin American Banks continues to improve, Goldman Sachs outlines a few summaries involving the progress: Brazil banks maintain a positive path, due to strong GDP growth and high interest rates, and are expected to have loans growth continue from the 1Q reports. Top picks...
