Itaú BBA Cuts Chile’s CMPC to a New Floor Over Its US$6 Billion Natureza Megaproject
CHILE · MARKETS Key Facts —What happened: Itaú BBA cut its CMPC price target to 1,030 pesos (US$1.12), the lowest of 15 analysts tracked by Bloomberg. —The worry: The planned US$4.6 billion Natureza pulp mill in Brazil could overload an already stretched balance sheet. —The catch: Itaú actually raised its profit forecast for the company; […] The post Itaú BBA Cuts Chile’s CMPC to a New Floor Over…
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.
