Insurance Innovator Wiz Adjusts to New Market Norms

In a strategic recalibration, Itaú BBA adjusted its rating for Wiz, a notable player in the Brazilian insurance brokerage market, from an optimistic ‘outperform’ to a cautious’market perform’. The reassessment also saw Wiz’s target price cut from R$10 to R$7, hinting at a conservative 22% potential growth. Despite the downgrade, the foundation laid by Wiz […]