Scotiabank Trims América Móvil Price Target to $20.80 on Lower Risk Premium
Scotiabank reduced América Móvil’s price target citing diminished global risk premiums for equities over bonds in LatAm telecom. Scotiabank lowered its price target for América Móvil (AMX) to $20.80 from $21.80 while maintaining a Sector Perform rating. The adjustment refl