Breaking News

Wednesday
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Initiation
Klabin initiated with a Neutral at Goldman Sachs » 04:44
09/15/21
09/15
04:44
09/15/21
04:44
KLBAY

Klabin

$9.90 /

+0.26 (+2.70%)

Goldman Sachs analyst…

Goldman Sachs analyst Marcio Farid initiated coverage of Klabin with a Neutral rating and R$30 price target. The incremental earnings from the recently started paper mill, Puma 2, will only be sufficient to offset the expected decline in pulp prices, not being upside to earnings estimates, Farid tells investors in a research note. The analyst initiated coverage of the Latin American pulp, paper and forest companies with a "relatively cautious stance on commodities prices."

ShowHide Related Items >><<
KLBAY Klabin
$9.90 /

+0.26 (+2.70%)

03/22/21 Morgan Stanley
Klabin upgraded to Overweight from Equal Weight at Morgan Stanley
03/17/21 Scotiabank
Scotiabank upgrades Klabin, calls top pick in Latin America pulp
03/17/21 Scotiabank
Klabin S.A. upgraded to Outperform from Sector Perform at Scotiabank
10/19/20 Goldman Sachs
Klabin S.A. upgraded to Neutral from Sell at Goldman Sachs
Over a quarter ago
Conference/Events
BTG Pactual to hold a virtual conference » 04:55
05/27/21
05/27
04:55
05/27/21
04:55
EGIEY

Engie Brasil

$7.63 /

+ (+0.00%)

, KLBAY

Klabin

$9.76 /

+0.09 (+0.93%)

, ENGIY

Engie SA

$15.18 /

-0.3 (-1.94%)

, BBD

Banco Bradesco

$4.93 /

+0.15 (+3.14%)

, LZRFY

Localiza

$11.84 /

+0.02 (+0.17%)

, ARCO

Arcos Dorados

$6.19 /

+0.015 (+0.24%)

, TIMB

Tim SA

$11.37 /

+0.105 (+0.93%)

BTG Pactual CEO Virtual…

BTG Pactual CEO Virtual Conference Brazil will be held on May 25-27.

ShowHide Related Items >><<
TIMB Tim SA
$11.37 /

+0.105 (+0.93%)

ENGIY Engie SA
$15.18 /

-0.3 (-1.94%)

EGIEY Engie Brasil
$7.63 /

+ (+0.00%)

11/25/20 JPMorgan
Engie Brasil downgraded to Neutral from Overweight at JPMorgan
10/27/20 HSBC
Engie Brasil resumed with a Buy at HSBC
10/19/20 Citi
Engie Brasil initiated with a Neutral at Citi
08/21/20 Bradesco BBI
Engie Brasil downgraded to Underperform from Neutral at Bradesco BBI
KLBAY Klabin
$9.76 /

+0.09 (+0.93%)

03/22/21 Morgan Stanley
Klabin upgraded to Overweight from Equal Weight at Morgan Stanley
03/17/21 Scotiabank
Scotiabank upgrades Klabin, calls top pick in Latin America pulp
03/17/21 Scotiabank
Klabin S.A. upgraded to Outperform from Sector Perform at Scotiabank
10/19/20 Goldman Sachs
Klabin S.A. upgraded to Neutral from Sell at Goldman Sachs
ENGIY Engie SA
$15.18 /

-0.3 (-1.94%)

05/21/21 Morgan Stanley
Engie SA price target raised to EUR 17 from EUR 16 at Morgan Stanley
05/21/21 Credit Suisse
Engie SA price target raised to EUR 14.50 from EUR 14.20 at Credit Suisse
05/17/21 Societe Generale
Engie SA price target lowered to EUR 15.50 from EUR 16.20 at Societe Generale
03/26/21 Deutsche Bank
Engie SA price target lowered to EUR 12.80 from EUR 14 at Deutsche Bank
BBD Banco Bradesco
$4.93 /

+0.15 (+3.14%)

10/27/20 Citi
Banco Bradesco upgraded to Buy on reserve 'cushion' at Citi
10/27/20 Citi
Banco Bradesco upgraded to Buy from Neutral at Citi
05/28/20 Citi
Banco Bradesco downgraded to Neutral from Buy at Citi
LZRFY Localiza
$11.84 /

+0.02 (+0.17%)

09/04/20 HSBC
Localiza upgraded to Buy from Hold at HSBC
09/02/20 JPMorgan
Localiza downgraded to Neutral from Overweight at JPMorgan
07/10/20 Citi
Localiza downgraded to Sell from Neutral at Citi
ARCO Arcos Dorados
$6.19 /

+0.015 (+0.24%)

04/22/21 Goldman Sachs
Arcos Dorados initiated with a Neutral at Goldman Sachs
01/28/21 Bradesco BBI
Arcos Dorados downgraded to Neutral from Outperform at Bradesco BBI
07/02/20 Bradesco BBI
Arcos Dorados upgraded to Outperform from Neutral at Bradesco BBI
06/26/20 Morgan Stanley
Arcos Dorados initiated with an Overweight at Morgan Stanley
TIMB Tim SA
$11.37 /

+0.105 (+0.93%)

05/10/21 Barclays
Tim SA price target raised to $16.50 from $15.50 at Barclays
03/02/21 Scotiabank
Tim SA upgraded to Sector Perform on valuation at Scotiabank
03/02/21 Scotiabank
Tim SA upgraded to Sector Perform from Underperform at Scotiabank
11/26/20 New Street
Tim SA initiated with a Buy at New Street
ARCO Arcos Dorados
$6.19 /

+0.015 (+0.24%)

ENGIY Engie SA
$15.18 /

-0.3 (-1.94%)

ARCO Arcos Dorados
$6.19 /

+0.015 (+0.24%)

Conference/Events
BTG Pactual to hold a virtual conference » 04:55
05/26/21
05/26
04:55
05/26/21
04:55
EGIEY

Engie Brasil

$7.63 /

-0.09 (-1.17%)

, KLBAY

Klabin

$9.67 /

-0.23 (-2.32%)

, ENGIY

Engie SA

$15.48 /

-0.06 (-0.39%)

, BBD

Banco Bradesco

$4.78 /

-0.045 (-0.93%)

, LZRFY

Localiza

$11.82 /

-0.27 (-2.23%)

, ARCO

Arcos Dorados

$6.17 /

-0.045 (-0.72%)

, TIMB

Tim SA

$11.27 /

-0.015 (-0.13%)

BTG Pactual CEO Virtual…

BTG Pactual CEO Virtual Conference Brazil will be held on May 25-27.

ShowHide Related Items >><<
TIMB Tim SA
$11.27 /

-0.015 (-0.13%)

ENGIY Engie SA
$15.48 /

-0.06 (-0.39%)

EGIEY Engie Brasil
$7.63 /

-0.09 (-1.17%)

11/25/20 JPMorgan
Engie Brasil downgraded to Neutral from Overweight at JPMorgan
10/27/20 HSBC
Engie Brasil resumed with a Buy at HSBC
10/19/20 Citi
Engie Brasil initiated with a Neutral at Citi
08/21/20 Bradesco BBI
Engie Brasil downgraded to Underperform from Neutral at Bradesco BBI
KLBAY Klabin
$9.67 /

-0.23 (-2.32%)

03/22/21 Morgan Stanley
Klabin upgraded to Overweight from Equal Weight at Morgan Stanley
03/17/21 Scotiabank
Scotiabank upgrades Klabin, calls top pick in Latin America pulp
03/17/21 Scotiabank
Klabin S.A. upgraded to Outperform from Sector Perform at Scotiabank
10/19/20 Goldman Sachs
Klabin S.A. upgraded to Neutral from Sell at Goldman Sachs
ENGIY Engie SA
$15.48 /

-0.06 (-0.39%)

05/21/21 Morgan Stanley
Engie SA price target raised to EUR 17 from EUR 16 at Morgan Stanley
05/21/21 Credit Suisse
Engie SA price target raised to EUR 14.50 from EUR 14.20 at Credit Suisse
05/17/21 Societe Generale
Engie SA price target lowered to EUR 15.50 from EUR 16.20 at Societe Generale
03/26/21 Deutsche Bank
Engie SA price target lowered to EUR 12.80 from EUR 14 at Deutsche Bank
BBD Banco Bradesco
$4.78 /

-0.045 (-0.93%)

10/27/20 Citi
Banco Bradesco upgraded to Buy on reserve 'cushion' at Citi
10/27/20 Citi
Banco Bradesco upgraded to Buy from Neutral at Citi
05/28/20 Citi
Banco Bradesco downgraded to Neutral from Buy at Citi
LZRFY Localiza
$11.82 /

-0.27 (-2.23%)

09/04/20 HSBC
Localiza upgraded to Buy from Hold at HSBC
09/02/20 JPMorgan
Localiza downgraded to Neutral from Overweight at JPMorgan
07/10/20 Citi
Localiza downgraded to Sell from Neutral at Citi
ARCO Arcos Dorados
$6.17 /

-0.045 (-0.72%)

04/22/21 Goldman Sachs
Arcos Dorados initiated with a Neutral at Goldman Sachs
01/28/21 Bradesco BBI
Arcos Dorados downgraded to Neutral from Outperform at Bradesco BBI
07/02/20 Bradesco BBI
Arcos Dorados upgraded to Outperform from Neutral at Bradesco BBI
06/26/20 Morgan Stanley
Arcos Dorados initiated with an Overweight at Morgan Stanley
TIMB Tim SA
$11.27 /

-0.015 (-0.13%)

05/10/21 Barclays
Tim SA price target raised to $16.50 from $15.50 at Barclays
03/02/21 Scotiabank
Tim SA upgraded to Sector Perform on valuation at Scotiabank
03/02/21 Scotiabank
Tim SA upgraded to Sector Perform from Underperform at Scotiabank
11/26/20 New Street
Tim SA initiated with a Buy at New Street
ARCO Arcos Dorados
$6.17 /

-0.045 (-0.72%)

ENGIY Engie SA
$15.48 /

-0.06 (-0.39%)

ARCO Arcos Dorados
$6.17 /

-0.045 (-0.72%)

Conference/Events
BTG Pactual to hold a virtual conference » 10:32
05/25/21
05/25
10:32
05/25/21
10:32
EGIEY

Engie Brasil

$7.72 /

+0.16 (+2.12%)

, KLBAY

Klabin

$9.90 /

+0.22 (+2.27%)

, ENGIY

Engie SA

$15.54 /

-0.61 (-3.78%)

, BBD

Banco Bradesco

$4.83 /

+ (+0.00%)

, LZRFY

Localiza

$12.09 /

+0.43 (+3.69%)

, ARCO

Arcos Dorados

$6.14 /

-0.075 (-1.21%)

, TIMB

Tim SA

$11.29 /

+0.01 (+0.09%)

BTG Pactual CEO Virtual…

BTG Pactual CEO Virtual Conference Brazil will be held on May 25-27.

ShowHide Related Items >><<
TIMB Tim SA
$11.29 /

+0.01 (+0.09%)

ENGIY Engie SA
$15.54 /

-0.61 (-3.78%)

EGIEY Engie Brasil
$7.72 /

+0.16 (+2.12%)

11/25/20 JPMorgan
Engie Brasil downgraded to Neutral from Overweight at JPMorgan
10/27/20 HSBC
Engie Brasil resumed with a Buy at HSBC
10/19/20 Citi
Engie Brasil initiated with a Neutral at Citi
08/21/20 Bradesco BBI
Engie Brasil downgraded to Underperform from Neutral at Bradesco BBI
KLBAY Klabin
$9.90 /

+0.22 (+2.27%)

03/22/21 Morgan Stanley
Klabin upgraded to Overweight from Equal Weight at Morgan Stanley
03/17/21 Scotiabank
Scotiabank upgrades Klabin, calls top pick in Latin America pulp
03/17/21 Scotiabank
Klabin S.A. upgraded to Outperform from Sector Perform at Scotiabank
10/19/20 Goldman Sachs
Klabin S.A. upgraded to Neutral from Sell at Goldman Sachs
ENGIY Engie SA
$15.54 /

-0.61 (-3.78%)

05/21/21 Morgan Stanley
Engie SA price target raised to EUR 17 from EUR 16 at Morgan Stanley
05/21/21 Credit Suisse
Engie SA price target raised to EUR 14.50 from EUR 14.20 at Credit Suisse
05/17/21 Societe Generale
Engie SA price target lowered to EUR 15.50 from EUR 16.20 at Societe Generale
03/26/21 Deutsche Bank
Engie SA price target lowered to EUR 12.80 from EUR 14 at Deutsche Bank
BBD Banco Bradesco
$4.83 /

+ (+0.00%)

10/27/20 Citi
Banco Bradesco upgraded to Buy on reserve 'cushion' at Citi
10/27/20 Citi
Banco Bradesco upgraded to Buy from Neutral at Citi
05/28/20 Citi
Banco Bradesco downgraded to Neutral from Buy at Citi
LZRFY Localiza
$12.09 /

+0.43 (+3.69%)

09/04/20 HSBC
Localiza upgraded to Buy from Hold at HSBC
09/02/20 JPMorgan
Localiza downgraded to Neutral from Overweight at JPMorgan
07/10/20 Citi
Localiza downgraded to Sell from Neutral at Citi
ARCO Arcos Dorados
$6.14 /

-0.075 (-1.21%)

04/22/21 Goldman Sachs
Arcos Dorados initiated with a Neutral at Goldman Sachs
01/28/21 Bradesco BBI
Arcos Dorados downgraded to Neutral from Outperform at Bradesco BBI
07/02/20 Bradesco BBI
Arcos Dorados upgraded to Outperform from Neutral at Bradesco BBI
06/26/20 Morgan Stanley
Arcos Dorados initiated with an Overweight at Morgan Stanley
TIMB Tim SA
$11.29 /

+0.01 (+0.09%)

05/10/21 Barclays
Tim SA price target raised to $16.50 from $15.50 at Barclays
03/02/21 Scotiabank
Tim SA upgraded to Sector Perform on valuation at Scotiabank
03/02/21 Scotiabank
Tim SA upgraded to Sector Perform from Underperform at Scotiabank
11/26/20 New Street
Tim SA initiated with a Buy at New Street
ARCO Arcos Dorados
$6.14 /

-0.075 (-1.21%)

ENGIY Engie SA
$15.54 /

-0.61 (-3.78%)

ARCO Arcos Dorados
$6.14 /

-0.075 (-1.21%)

Upgrade
Klabin upgraded to Overweight from Equal Weight at Morgan Stanley » 08:42
03/22/21
03/22
08:42
03/22/21
08:42
KLBAY

Klabin

$0.00 /

+ (+0.00%)

, SUZ

Suzano

$13.46 /

-0.02 (-0.15%)

Morgan Stanley analyst…

Morgan Stanley analyst Carlos De Alba upgraded Klabin (KLBAY) to Overweight from Equal Weight with a price target of R$38, up from R$30. He expects Klabin to post strong free cash flow in coming years, mainly on the back of higher paper volumes, De Alba tells investors. As paper shipments increase and pulp prices decline, he expects that Klabin's EBITDA exposure to pulp will decline to 21% by 2024, added the analyst, who prefers Klabin over Suzano (SUZ) as the market approaches what he sees as the peak for pulp prices. As previously reported, De Alba downgraded Suzano to Equal Weight from Overweight with a price target of R$86, up from R$65.

ShowHide Related Items >><<
KLBAY Klabin
$0.00 /

+ (+0.00%)

03/17/21 Scotiabank
Scotiabank upgrades Klabin, calls top pick in Latin America pulp
03/17/21 Scotiabank
Klabin S.A. upgraded to Outperform from Sector Perform at Scotiabank
10/19/20 Goldman Sachs
Klabin S.A. upgraded to Neutral from Sell at Goldman Sachs
SUZ Suzano
$13.46 /

-0.02 (-0.15%)

03/22/21 Morgan Stanley
Suzano downgraded to Equal Weight from Overweight at Morgan Stanley
10/19/20 Goldman Sachs
Suzano upgraded to Buy from Neutral at Goldman Sachs
09/25/20 Scotiabank
Suzano initiated with an Outperform at Scotiabank
08/20/20 Morgan Stanley
Suzano upgraded to Overweight from Equal Weight at Morgan Stanley
  • 02
    Oct
Upgrade
Scotiabank upgrades Klabin, calls top pick in Latin America pulp » 09:34
03/17/21
03/17
09:34
03/17/21
09:34
KLBAY

Klabin

$0.00 /

+ (+0.00%)

Scotiabank analyst…

Scotiabank analyst Alfonso Salazar upgraded Klabin S.A. to Outperform from Sector Perform with a price target of R$35, up from R$27. Klabin is the analyst's new top pick in Latin America pulp and paper. The "unexpected consequences" of the COVID-19 pandemic in supply disruptions and shipping constraints led pulp prices in China to reach levels materially above projections, Salazar tells investors in a research note. However, these look "unsustainably high," says the analyst. Port inventories are likely to trend down amid a recovery in demand and continued logistics restrictions, supporting prices in China near-term, with a price correction likely in the second half of 2021, contends Salazar. He sees the share price underperformance of Klabin as an attractive opportunity to buy the stock. High pulp prices and the conclusion of phase one of Puma II in July should help reduce debt levels, the analyst believes.

ShowHide Related Items >><<
KLBAY Klabin
$0.00 /

+ (+0.00%)

03/17/21 Scotiabank
Klabin S.A. upgraded to Outperform from Sector Perform at Scotiabank
10/19/20 Goldman Sachs
Klabin S.A. upgraded to Neutral from Sell at Goldman Sachs
Upgrade
Klabin S.A. upgraded to Outperform from Sector Perform at Scotiabank » 05:38
03/17/21
03/17
05:38
03/17/21
05:38
KLBAY

Klabin

$0.00 /

+ (+0.00%)

Scotiabank analyst…

Scotiabank analyst Alfonso Salazar upgraded Klabin S.A. to Outperform from Sector Perform with a R$35 price target.

ShowHide Related Items >><<
KLBAY Klabin
$0.00 /

+ (+0.00%)

10/19/20 Goldman Sachs
Klabin S.A. upgraded to Neutral from Sell at Goldman Sachs
Upgrade
Klabin S.A. upgraded to Neutral from Sell at Goldman Sachs » 05:04
10/19/20
10/19
05:04
10/19/20
05:04
KLBAY

Klabin

$0.00 /

+ (+0.00%)

Goldman Sachs analyst…

Goldman Sachs analyst Thiago Ojea upgraded Klabin S.A. to Neutral from Sell with a R$28 price target. Klabin should benefit in the next 12 months from a "solid" client portfolio, a weaker Brazilian real and the successful implementation of the PUMA II project, Ojea tells investors in a research note.

ShowHide Related Items >><<

    Get Full Fly Access

    Breaking market intelligence sent straight to you
    Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
    Up-to-date information on important industry events
    Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
    News focused on the companies in your portfolio
    Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.