Itaú BBA Forecasts Bright Future for Brazil’s Stock Market

Itaú BBA has raised its forecast for Brazil’s Ibovespa index, predicting it will hit 165,000 points by the end of 2025. This marks a nearly 14% increase from the expected 145,000 points at the end of this year. Daniel Gewehr’s team has prioritized Brazil over other Latin American markets. The analysts see compelling valuations. The […]