JPMorgan upgraded Grupo Supervielle (SUPV) to Neutral from Underweight with a $15 price target The Argentine macroeconomic normalization process “keeps moving in the right direction” and the initial large-caps outperforming phase has come to an end, the analyst tells investors in a research note. The firm keeps its preference for Galicia to play the Argentine growth story but says Supervielle shares are now fairly priced.
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