Michel Morin

In a report published Friday, Morgan Stanley analyst Michel Morin reiterated an Overweight rating on Telefonica Brasil SA (NYSE: VIV), and raised the price target from $22.00 to $23.00. In the report, Morgan Stanley noted, “We are raising our DCF-based target to $23/ADR from $22 due to FX, as we...

In a report published Friday, Morgan Stanley analyst Michel Morin reiterated an Underweight rating on Mercadolibre (NASDAQ: MELI), but lowered the price target from $70.00 to $64.00. In the report, Morgan Stanley noted, “MELI is an ecommerce leader in Latam with solid long-term growth potential,...

In a report published Thursday, 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, “Our preliminary estimate is that the increased investment in Telekom Austria...

In a report published Friday, Morgan Stanley analyst Michel Morin reiterated an Underweight rating and $75.00 price target on Mercadolibre (NASDAQ: MELI). In the report, Morgan Stanley noted, “Results beat consensus and MSe, but KPIs were mixed. MELI is an ecommerce leader in Latam with solid long...

In a report published Tuesday, Morgan Stanley analyst Michel Morin reiterated an Overweight rating on Grupo Televisa SAB (NYSE: TV), but lowered the price target from $38.00 to $37.00. In the report, Morgan Stanley noted, “We expect Mexico's new regulator to declare by March 9 whether Televisa and...

In a report published Friday, Morgan Stanley analyst Michel Morin reiterated an Equal-Weight rating on America Movil (NYSE: AMX), but lowered the price target from $21.00 to $20.00. In the report, Morgan Stanley noted, “Trimming EBITDA estimates by 1-2% following 4Q results. The larger cut to...

In a report published Friday, Morgan Stanley analyst Michel Morin reiterated an Equal-Weight rating on TIM Participacoes (NYSE: TSU), but removed the $26.00 price target. In the report, Morgan Stanley noted, “EBITDA of R$1.50bn (+5% y/y) beat our estimate of R$1.36bn by 11% and consensus by 7%....

In a report published Wednesday, Morgan Stanley analyst Michel Morin reiterated an Equal-Weight rating on America Movil (NYSE: AMX), but removed the $21.00 price target. In the report, Morgan Stanley noted, “EPADR of US$0.37 missed our US$0.49 and consensus of US$0.44 on higher than expected FX...

In a report published Monday, Morgan Stanley analyst Michel Morin downgraded the rating on Mercadolibre (NASDAQ: MELI) from Equal-Weight to Underweight, but named a $75.00 price target. In the report, Morgan Stanley noted, “Valuation does not adequately reflect growing macro risks in our view....

In a report published Thursday, Morgan Stanley analyst Michel Morin downgraded the rating on NII Holdings (NASDAQ: NIHD) from Equal-Weight to Underweight, but named a $4.00 price target. In the report, Morgan Stanley noted, “NIHD faces significant operating challenges and a growing debt burden....