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General

Morgan Stanley upgrades America Movil to 'equal weight'

Wednesday 20 March 2013 | 11:03 CET | News
America Movil was upgraded by Morgan Stanley to an "equal weight" rating and lowered the price target from USD 23 to USD 19, Benzinga reports. According to Morgan Stanley analyst Michel Morin the "previous UW rating reflected Morgan Stanley's concern that the regulatory and competitive environment would become more challenging. After the recent sell-off, this now appears to be the consensus view."

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Categories: General
Companies: America Movil / Morgan Stanley
Countries: Latin America / Mexico
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