Michel Morin

Morgan Stanley downgraded Liberty LiLAC Group (NASDAQ: LILA) to Equal-Weight from Overweight on deteriorating trends at cable & wireless (CWC). In addition, the brokerage admitted they were “wrong” on the multiple and cut its price target to $19 from $36 due to lower earnings,...

Investors looking for exposure within emerging markets should consider Brazil's leading telecom company, at least according to analysts at Morgan Stanley. In a report published Monday, Morgan Stanley's Telecom analyst Michel Morin stated that the recent selloff in Telefonica Brasil SA (...

In a report published Monday, Morgan Stanley analyst Michel Morin reiterated an Overweight rating on Grupo Televisa SAB (NYSE: TV), but lowered the price target from $42.00 to $38.00. In the report, Morgan Stanley noted, “Televisa reported much weaker than expected Advertising revenue growth of -6...

In a report published Tuesday, Morgan Stanley analyst Michel Morin reiterated an Underweight rating on Mercadolibre (NASDAQ: MELI), and raised the price target from $64.00 to $67.00. In the report, Morgan Stanley noted, “MELI is scheduled to host an investor day on October 15th. The company last...

In a report published Tuesday, Morgan Stanley analyst Michel Morin resumed coverage on Telefonica Brasil SA (NYSE: VIV) with an Equal-Weight rating and $22.00 price target. In the report, Morgan Stanley noted, “Vivo's mobile service revenue (MSR) growth accelerated to +6% y/y in 2Q14, from +3% in...

In a report published Thursday, Morgan Stanley analyst Michel Morin reiterated an Overweight rating on Grupo Televisa SAB (ADR) (NYSE: TV), but removed the $42.00 price target. In the report, Morgan Stanley noted, “Since its inception in 2012, the 50-50% JV included a ‘Texas shoot-out' conflict...

In a report published Monday, Morgan Stanley analyst Michel Morin reiterated an Underweight rating and $19.00 price target on America Movil SAB de CV (ADR) (NYSE: AMX). In the report, Morgan Stanley noted, “We cut our 2014-16 EPADR by 10-14% to reflect regulatory headwinds in Mexico. With the stock...

In a report published Wednesday, Morgan Stanley analyst Michel Morin reiterated an Equal-Weight rating and $19.00 price target on America Movil SAB de CV (NYSE: AMX). In the report, Morgan Stanley noted, “We see both positive and negative takeaways from AMX's announcement. We are not making any...

In a report published Tuesday, Morgan Stanley analyst Michel Morin reiterated an Overweight rating on Grupo Televisa SAB (NYSE: TV), but removed the $38.00 price target. In the report, Morgan Stanley noted, “The downside to EBITDA came mostly from lower-than-expected Content revenue and higher...

In a report published Wednesday, Morgan Stanley analyst Michel Morin reiterated an Equal-Weight rating on Telecom Argentina SA (NYSE: TEO), and raised the price target from $17.00 to $18.00. In the report, Morgan Stanley noted, “We modestly raise our projections to reflect better-than-expected...

In a report published Monday, Morgan Stanley analyst Michel Morin reiterated an Underweight rating on Mercadolibre (NASDAQ: MELI), but removed the $64.00 price target. In the report, Morgan Stanley noted, “The Company's decision to use the SICAD2 FX rate to translate results from Venezuela is in...

In a report published Monday, Morgan Stanley analyst Michel Morin reiterated an Equal-Weight rating on America Movil SAB de CV (NYSE: AMX), but removed the $20.00 price target. In the report, Morgan Stanley noted, “Given DTV's significant presence in LatAm's Pay TV market, AT&T also announced...

In a report published Monday, Morgan Stanley analyst Michel Morin reiterated an Equal-Weight rating on TIM Participacoes SA (NYSE: TSU), but removed the $24.00 price target. In the report, Morgan Stanley noted, “As the only mobile pure play among Brazil's Big 4, TIM is best positioned to benefit...

In a report published Friday, Morgan Stanley analyst Michel Morin reiterated an Equal-Weight rating on TIM Participacoes SA (NYSE: TSU), but removed the $24.00 price target. In the report, Morgan Stanley noted, “EBITDA of R$1.32bn (+8% y/y) missed our estimate of R$1.35bn by 3% and consensus by 2...