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Telefonica Brasil (VIV) Receives a Sell from Bank of America Securities

Tipranks - Tipranks - Sun Feb 15, 12:18PM CST

In a report released yesterday, Rogerio Araujo from Bank of America Securities reiterated a Sell rating on Telefonica Brasil, with a price target of $14.00.

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According to TipRanks, Araujo is a 4-star analyst with an average return of 25.3% and a 63.27% success rate.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Telefonica Brasil with a $14.00 average price target.

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Based on Telefonica Brasil’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $14.95 billion and a net profit of $1.89 billion. In comparison, last year the company earned a revenue of $14.04 billion and had a net profit of $1.67 billion

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