Morgan Stanley downgraded Minerva S.A. to Equal Weight from Overweight with a price target of R$7, down from R$11.50. The analyst prefers U.S. chicken and pork over beef. The firm cites capital allocation and execution concerns for the downgrade.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue