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Fly News Breaks for October 20, 2017
AMOV, AMX
Oct 20, 2017 | 05:53 EDT
Credit Suisse analyst Daniel Federle upgraded American Movil to Outperform and raised its price target to $21 from $19 telling investors profitability will increase in Mexico in the coming years. He expects regulatory pressure to lesson with the MTR revision in October/November and thinks the mobile pricing environment is becoming healthier.
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