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Embotelladora Andina upgraded to Sector Perform from Underperform at Scotiabank » 08:58

Embotelladora Andina

$10.95 /

-0.15 (-1.35%)

Scotiabank analyst Felipe…

Scotiabank analyst Felipe Ucros upgraded Embotelladora Andina to Sector Perform from Underperform with a price target of CLP 1,930. The recovery in Brazil, coupled with Andina's leadership in new alcoholic beverages deals in Latin America, has more than offset the impacts from Argentina's "seemingly never-ending implosion," Ucros tells investors in a research note.

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