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| Latin America Strategy/Economics: Maintaining Below-Consensus Outlook | | Our LatAm analysts have made extensive estimate, price target, and rating changes based on the revised macro outlook, as our economists significantly reduced their estimates for the region. Our analysts have downgraded 23 stocks, upgraded 9, and changed price targets on another 52. While weaker growth and currencies should pressure operating earnings, lower short-term interest rates are likely to mitigate the bottom-line impact. | | 2009-02-28 03:25:18 |
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