Morgan Stanley Cuts Cruzeiro do Sul Two Notches to Sell
Morgan Stanley skipped a step and cut Cruzeiro do Sul Educacional from buy to sell, slashing the price target to R$5 (US$0.98). Shares fell 3.3% as the bank cited enrollment disappointment and rising costs – a warning for Brazil's private education market. The post Morgan Stanley Cuts Cruzeiro do Sul Two Notches to Sell appeared first on The Rio Times .
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
