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Fly News Breaks for December 14, 2018
VIV
Dec 14, 2018 | 09:03 EDT
Citi analyst Alejandro Lavin upgraded Telefonica Brasil to Buy and raised his price target for the shares to R$51 from R$44.50. Margin expansion potential, an undemanding valuation and friendlier regulatory agenda create an attractive combination, Lavin tells investors in a research note.
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