Brazil election poses risks for homebuilders, airlines -Moody's [Reuters]
Telefonica Brasil S.A. American Depositary Shares (Each representing One Common Share) (VIV)
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Source: Reuters
Brazil election poses risks for homebuilders, airlines -Moody's | Reuters 3 Min Read SAO PAULO, Sept 25 (Reuters) - Even as all major candidates in Brazil’s presidential election have expressed support for housing subsidy programs, the country’s October vote still brings risks for major homebuilders, a Moody’s executive said on Tuesday. Airline profits could also take a hit if the election results hurt the value of Brazil’s real currency, Moody’s added. Marianna Waltz, head of the ratings agency’s Latin America corporate finance team, said in an interview that no candidate was planning structural changes to Brazil’s popular “Minha Casa, Minha Vida,” housing program, which is key for homebuilders’ bottom lines. But she said any deterioration in public finances following the election or a decrease in consumer confidence would leave the sector significantly exposed. “It doesn’t seem that we are going to have material changes in the current regulatory framework, which is positive. That sa
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News
- Telefônica Brasil S.A. (NYSE: VIV) had its price target lowered by analysts at Barclays PLC from $13.50 to $13.00. They now have an "equal weight" rating on the stock.MarketBeat
- Telefônica Brasil S.A. (NYSE: VIV) had its price target raised by analysts at Barclays PLC from $13.00 to $13.50. They now have an "equal weight" rating on the stock.MarketBeat
- Telefonica Brasil's Q4 Earnings: Strong Buy For Income Investors [Seeking Alpha]Seeking Alpha
- TELEFÔNICA BRASIL S.A. ANNOUNCES THE FILING OF ITS ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2023PR Newswire
- VIV vs. TU: Which Stock Should Value Investors Buy Now? [Yahoo! Finance]Yahoo! Finance
VIV
Sec Filings
- 4/16/24 - Form 6-K
- 4/16/24 - Form 6-K
- 4/16/24 - Form 6-K
- VIV's page on the SEC website