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4 results for “Bank of America”

Wall Street moved on Brazil in September. Fitch is watching the other side
Markets• 3h ago

Wall Street moved on Brazil in September. Fitch is watching the other side

In one month, the share of Latin American fund managers bullish on Brazilian stocks went from 34% to 73% in Bank of America's survey. Morgan Stanley raised its Petrobras target and BlackRock launched a Brazilian bond fund in Europe. Fitch, meanwhile, warns that high interest rates are driving more defaults and downgrades.

Bank of America Projects High Dividend Potential for Brazil's Prio
Small Caps• Oct 14

Bank of America Projects High Dividend Potential for Brazil's Prio

An analyst report highlights Prio's cash-generation outlook, projecting up to $2.1 billion in potential annual dividends across 2027 and 2028.

Ozempic and Health Trends Squeeze Beer Consumption in Brazil
Markets• Oct 04

Ozempic and Health Trends Squeeze Beer Consumption in Brazil

A Bank of America survey reveals a structural decline in Brazilian beer consumption, driven by weight-loss medications like Ozempic and wellness trends.

Analyst Downgrades Pressure Patria Investments Stock, a Rare Direct Brazilian Link for US Retail Traders
PRONASDAQ• Sep 10

Analyst Downgrades Pressure Patria Investments Stock, a Rare Direct Brazilian Link for US Retail Traders

Brazilian alternative asset manager Patria Investments falls after major banks cut its stock rating over valuation concerns.