Fly News Breaks for August 15, 2017
BAP
Aug 15, 2017 | 07:39 EDT
UBS analyst Philip Finch raised his price target on Credicorp to $219 from $179 following better than expected Q2 results. The analyst cited its stronger than expected loan growth and improved cost of risk. He said the company's guidance suggests an inflection in loan growth and sees a sustainable return on equity of 19-20%. Finch reiterated his buy rating on Credicorp shares.
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