Itaú Gains Momentum Following Morgan Stanley’s Optimistic Outlook

In the fluctuating world of financial markets, Itaú Unibanco (ITUB4) captured the spotlight this Monday. Its shares appreciated by 2.44% to R$31.90, distinguishing itself on a volatile Ibovespa. This rise was triggered by Morgan Stanley upgrading Itaú’s American Depository Receipts (ADRs) from ‘equalweight’ to ‘higher-weight person’. The firm also elevated the price target from $7.50 […]