JPMorgan Lowers Investment Recommendation in Brazil to Neutral
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6 Articles
J.P. Morgan lowered the recommendation for Brazil from .overweight to neutral, in the face of a more challenging macroeconomic scenario. The American bank expects another cut of 0.25 percentage point from Selic in September, followed by a long break until the second quarter of 2027, while economic activity slows down and the credit cycle deteriorates. Exclusive material for subscribers. To have full access, access the link of the subject and mak…
The JPMorgan, the largest bank in the United States, reduced its recommendation for investments in Brazil, moving from the purchase to the new one. In practice, the institution no longer indicates the Brazilian market as one of the main bets for international investors, although it does not recommend the withdrawal of resources from the country. The change was disclosed in a report sent to customers and reflects a more cautious assessment of the…
At 11:15, American currency advanced 0.21%, quoted at R$ 5.17. On the other hand, Ibovespa, the main index of B3, oscillates quite, with a tendency to fall
The investment bank JP Morgan Chase lowered the recommendation to buy Brazilian shares. The movement made the stock market close the day down.
Forbes, the world's most well-conceived business and economic magazine. JPMorgan maintained "overweight" for Chile, elevated Peru to "overweight", and reiterated neutral for Mexico and Colombia The post JPMorgan Rebass Classification from Brazil to Neutra in Portfolio of Actions in Latin America apareceu primeiro em Forbes Brasil.
"Neutro" means that the bank recommends that large funds and investors have in their portfolios a slice of Brazilian shares exactly equal to the weight that Brazil has in international benchmarks
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