Carlos De Alba

In a report published Thursday, Morgan Stanley analyst Carlos De Alba reiterated an Overweight rating on Compania de Minas Buenaventura SAA (NYSE: BVN), but removed the $15.30 price target. In the report, Morgan Stanley noted, “Adjusted EBITDA (direct-operations) of US$50M, down 16% Q/Q and 49% Y/...

In a report published Thursday, Morgan Stanley analyst Carlos De Alba reiterated an Overweight rating and $17.50 price target on Vale SA (NYSE: VALE). In the report, Morgan Stanley noted, “We see 23% potential upside to our price target, with a ~3:1 bull/bear skew. The stock trades at 6.1x 2015e...

In a report published Friday, Morgan Stanley analyst Carlos De Alba reiterated an Equal-Weight rating on Southern Copper (NYSE: SCCO), but removed the $32.90 price target. In the report, Morgan Stanley noted, “EBITDA of $726M, up 6% Q/Q and down 19% Y/Y, came in 3% below our estimate of $751M –...

In a report published Wednesday, Morgan Stanley analyst Carlos De Alba upgraded the rating on Vale SA (NYSE: VALE) from Equal-Weight to Overweight, but lowered the price target from $18.00 to $17.50. In the report, Morgan Stanley noted, “We see 33% upside to our price target, with a 3:1 bull/bear...

In a report published Wednesday, Morgan Stanley analyst Carlos De Alba upgraded Compania de Minas Buenaventura SAA (NYSE: BVN) to Overweight, changing its price target to $15.80. According to the report, BVN's current valuation both discounts a gold price of $1,000.00/oz, or 19 percent below spot...

In a report published Thursday, Morgan Stanley analyst Carlos De Alba upgraded the rating on Ternium SA (NYSE: TX) from Equal-Weight to Overweight, and raised the price target from $25.20 to $31.60. In the report, Morgan Stanley noted, “Ternium has two new facilities in Mexico that are to ramp up...