| Date | Company Name | Action | Current
Price | Price
Target | Rating | Impact on
Share Price |
|---|
| 6/4/2021 | BSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México | Upgrade | $6.00 | | Market Perform ➝ Outperform | N/A |
| 5/3/2021 | BSAC Banco Santander-Chile | Upgrade | $21.00 | $25.00 ➝ $27.00 | Neutral ➝ Buy | N/A |
| 4/12/2021 | SC Santander Consumer USA | Initiated Coverage | $35.00 | $36.00 | Buy | N/A |
| 3/15/2021 | BSBR Banco Santander (Brasil) | Downgrade | $9.00 | | Outperform ➝ Market Perform | N/A |
| 1/27/2021 | GASNY Naturgy Energy Group | Upgrade | $5.00 | | Underweight ➝ Hold | High |
| 1/21/2021 | EQNR Equinor ASA | Downgrade | $20.00 | | Buy ➝ Hold | Medium |
| 1/21/2021 | FLUIF Fluidra | Downgrade | $41.00 | | Buy ➝ Hold | Low |
| 12/23/2020 | LINX Linx | Initiated Coverage | $8.00 | $7.60 | Hold | N/A |
| 12/22/2020 | LRENY Lojas Renner | Downgrade | $9.00 | | Buy ➝ Hold | Low |
| 12/22/2020 | MELI MercadoLibre | Upgrade | $1,480.00 | $1,980.00 | Hold ➝ Buy | Low |
| 12/21/2020 | GOL Gol Linhas Aéreas Inteligentes | Downgrade | $10.00 | | Buy ➝ Hold | High |
| 12/21/2020 | AZUL Azul | Downgrade | $27.00 | | Buy ➝ Hold | Medium |
| 12/15/2020 | MRRTY Marfrig Global Foods | Downgrade | $4.00 | | Buy ➝ Underperform | Low |
| 12/15/2020 | BRFS BRF | Downgrade | $6.00 | | Buy ➝ Hold | Low |
| 12/8/2020 | YPF YPF Sociedad Anónima | Downgrade | $5.00 | | Hold ➝ Underperform | Low |
| 12/2/2020 | SUPV Grupo Supervielle | Downgrade | $2.00 | | Buy ➝ Underperform | High |
| 12/2/2020 | BBAR Banco BBVA Argentina | Downgrade | $4.00 | | Buy ➝ Underperform | High |
| 11/24/2020 | BAP Credicorp | Upgrade | $118.00 | | Hold ➝ Buy | High |
| 11/20/2020 | CX CEMEX | Downgrade | $7.00 | | Buy ➝ Hold | Low |
| 11/2/2020 | SAN Banco Santander | Reiterated Rating | $4.00 | | Neutral | N/A |
| 10/30/2020 | IBDRY Iberdrola | Downgrade | $52.00 | | Buy ➝ Hold | Medium |
| 10/27/2020 | BKNIY Bankinter | Upgrade | $6.00 | | Hold ➝ Buy | High |
| 10/21/2020 | BAK Braskem | Upgrade | $21.00 | | Hold ➝ Buy | Medium |
| 8/11/2020 | SAN Banco Santander | Downgrade | $4.00 | | Buy ➝ Sell | N/A |
| 8/4/2020 | BSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México | Upgrade | $6.00 | | Underperform ➝ Neutral | N/A |
| 7/31/2020 | TEZNY Terna - Rete Elettrica Nazionale Società per Azioni | Upgrade | $24.00 | | Hold ➝ Buy | Low |
| 7/31/2020 | EDPFY EDP - Energias de Portugal | Upgrade | $56.00 | | Hold ➝ Buy | Low |
| 7/30/2020 | MMBMF MásMóvil Ibercom | Downgrade | $27.00 | | Buy ➝ Hold | Low |
| 7/30/2020 | EDRVF EDP Renováveis | Downgrade | $24.00 | | Buy ➝ Hold | Low |
| 7/21/2020 | SAN Banco Santander | Downgrade | $4.00 | | Neutral ➝ Underperform | N/A |
| 6/23/2020 | IFS Intercorp Financial Services | Downgrade | $26.00 | | Buy ➝ Hold | Low |
| 6/23/2020 | BAP Credicorp | Downgrade | $118.00 | $165.00 | Buy ➝ Hold | Medium |
| 4/21/2020 | BAP Credicorp | Upgrade | $118.00 | | Underperform ➝ Hold | Medium |
| 3/3/2020 | ISNPY Intesa Sanpaolo | Upgrade | $17.00 | | Hold ➝ Buy | High |
| 2/27/2020 | CPA Copa | Upgrade | $77.00 | $144.00 | Hold ➝ Buy | High |
| 2/14/2020 | BSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México | Downgrade | $6.00 | | Outperform ➝ Underperform | N/A |
| 1/31/2020 | WZZAF Wizz Air | Upgrade | $65.00 | | Hold ➝ Buy | Low |
| 1/30/2020 | SAN Banco Santander | Upgrade | $4.00 | | Hold ➝ Buy | N/A |
| 12/10/2019 | UGP Ultrapar Participações | Upgrade | $4.00 | $6.20 | Hold ➝ Buy | Low |
| 12/10/2019 | YPF YPF Sociedad Anónima | Downgrade | $5.00 | | Buy ➝ Hold | High |
| 10/28/2019 | GRFS Grifols | Upgrade | $18.00 | | Hold ➝ Buy | Low |
| 10/15/2019 | CIB Bancolombia | Upgrade | $29.00 | | Underperform ➝ Hold | Low |
| 10/14/2019 | BSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México | Upgrade | $6.00 | | Market Perform ➝ Outperform | N/A |
| 9/11/2019 | BSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México | Downgrade | $6.00 | | Market Perform ➝ Underperform | N/A |
| 9/11/2019 | REPYY Repsol | Upgrade | $13.00 | | Hold ➝ Buy | Low |
| 9/9/2019 | SC Santander Consumer USA | Downgrade | $35.00 | | Equal Weight ➝ Underweight | Low |
| 8/27/2019 | UGP Ultrapar Participações | Downgrade | $4.00 | | Buy ➝ Hold | Low |
| 8/1/2019 | BSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México | Downgrade | $6.00 | | Buy ➝ Hold | N/A |
| 7/15/2019 | CX CEMEX | Downgrade | $7.00 | | Buy ➝ Hold | Low |
| 7/15/2019 | LOMA Loma Negra Compañía Industrial Argentina Sociedad Anónima | Upgrade | $7.00 | | Underperform ➝ Hold | Low |
| 7/15/2019 | ASML ASML | Downgrade | $679.00 | | Buy ➝ Hold | Medium |
| 7/1/2019 | ERIC Telefonaktiebolaget LM Ericsson (publ) | Downgrade | $13.00 | | Buy ➝ Hold | Low |
| 7/1/2019 | NOK Nokia | Upgrade | $5.00 | | Underweight ➝ Buy | Low |
| 6/20/2019 | SC Santander Consumer USA | Downgrade | $35.00 | $23.37 | Positive ➝ Neutral | N/A |
| 6/17/2019 | EQNR Equinor ASA | Upgrade | $20.00 | | Underperform ➝ Hold | Low |
| 6/17/2019 | E ENI | Upgrade | $24.00 | | Hold ➝ Buy | Low |
| 6/11/2019 | GASNY Naturgy Energy Group | Downgrade | $5.00 | | Hold ➝ Underperform | Low |
| 5/10/2019 | BRKMY Braskem | Downgrade | $21.00 | | Buy ➝ Hold | Low |
| 5/1/2019 | BSAC Banco Santander-Chile | Upgrade | $21.00 | | Hold ➝ Buy | N/A |
| 4/3/2019 | SQM Sociedad Química y Minera de Chile | Downgrade | $43.00 | | Buy ➝ Hold | Low |
| 4/3/2019 | KOF Coca-Cola FEMSA | Downgrade | $51.00 | | Buy ➝ Hold | Low |
| 4/1/2019 | BRFS BRF | Upgrade | $6.00 | | Hold ➝ Buy | Low |
| 3/15/2019 | BBAR Banco BBVA Argentina | Upgrade | $4.00 | | Hold ➝ Buy | Medium |
| 3/15/2019 | BMA Banco Macro | Upgrade | $17.00 | | Hold ➝ Buy | High |
| 3/6/2019 | EC Ecopetrol | Upgrade | $13.00 | | Underperform ➝ Hold | Low |
| 2/26/2019 | EDN Empresa Distribuidora y Comercializadora Norte Sociedad Anónima | Downgrade | $5.00 | | Hold ➝ Underperform | Low |
| 2/26/2019 | TGS Transportadora de Gas del Sur | Upgrade | $5.00 | | Hold ➝ Buy | Low |
| 2/25/2019 | FMX Fomento Económico Mexicano | Downgrade | $83.00 | | Hold ➝ Underperform | Low |
| 2/19/2019 | ABEV Ambev | Downgrade | $4.00 | | Buy ➝ Hold | Low |
| 1/16/2019 | SC Santander Consumer USA | Downgrade | $35.00 | | Underweight | Low |
| 12/21/2018 | TEO Telecom Argentina | Upgrade | $6.00 | | Underperform ➝ Hold | High |
| 12/21/2018 | TV Grupo Televisa, S.A.B. | Upgrade | $14.00 | | Hold ➝ Buy | Low |
| 12/21/2018 | VIV Telefônica Brasil | Upgrade | $9.00 | | Hold ➝ Buy | Medium |
| 12/18/2018 | CIG CEMIG | Upgrade | $3.00 | | Hold ➝ Buy | Low |
| 12/18/2018 | TGS Transportadora de Gas del Sur | Downgrade | $5.00 | | Buy ➝ Hold | Low |
| 12/18/2018 | ENLAY Enel | Downgrade | $10.00 | | Buy ➝ Hold | Low |
| 12/18/2018 | ENIA Enel Américas | Downgrade | $7.00 | | Buy ➝ Hold | Low |
| 12/18/2018 | ELP Companhia Paranaense de Energia - COPEL | Downgrade | $6.00 | | Buy ➝ Hold | Low |
| 12/12/2018 | TX Ternium | Downgrade | $33.00 | | Buy ➝ Hold | Low |
| 12/12/2018 | SQM Sociedad Química y Minera de Chile | Upgrade | $43.00 | | Hold ➝ Buy | Medium |
| 12/12/2018 | SCCO Southern Copper | Downgrade | $59.00 | | Hold ➝ Underperform | Low |
| 12/11/2018 | AGRO Adecoagro | Downgrade | $11.00 | | Buy ➝ Hold | Low |
| 12/7/2018 | LOMA Loma Negra Compañía Industrial Argentina Sociedad Anónima | Downgrade | $7.00 | | Hold ➝ Underperform | High |
| 12/7/2018 | CPAC Cementos Pacasmayo S.A.A. | Upgrade | $8.00 | | Hold ➝ Buy | Low |
| 12/6/2018 | IRCP IRSA Propiedades Comerciales | Downgrade | $11.00 | | Hold ➝ Underperform | Low |
| 11/28/2018 | BSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México | Downgrade | $6.00 | | Market Perform ➝ Underperform | N/A |
| 11/19/2018 | AVAL Grupo Aval Acciones y Valores | Upgrade | $6.00 | | Hold ➝ Buy | Low |
| 11/19/2018 | CIB Bancolombia | Downgrade | $29.00 | | Hold ➝ Underperform | Low |
| 11/15/2018 | SUPV Grupo Supervielle | Downgrade | $2.00 | $18.00 ➝ $18.40 | Buy ➝ Underperform | High |
| 11/13/2018 | BRFS BRF | Downgrade | $6.00 | | Buy ➝ Hold | High |
| 11/1/2018 | SC Santander Consumer USA | Reiterated Rating | $35.00 | | Hold | N/A |
| 10/31/2018 | ASML ASML | Upgrade | $679.00 | | Hold ➝ Buy | Low |
| 10/30/2018 | GRFS Grifols | Upgrade | $18.00 | | Underperform ➝ Hold | Low |
| 10/23/2018 | KOF Coca-Cola FEMSA | Upgrade | $51.00 | | Hold ➝ Buy | High |
| 10/16/2018 | SID Companhia Siderúrgica Nacional | Upgrade | $8.00 | | Hold ➝ Buy | High |
| 10/16/2018 | SCCO Southern Copper | Downgrade | $59.00 | | Buy ➝ Hold | Low |
| 10/8/2018 | PBR Petróleo Brasileiro S.A. - Petrobras | Upgrade | $11.00 | | Hold ➝ Buy | High |
| 10/8/2018 | RWEOY RWE Aktiengesellschaft | Downgrade | $37.00 | | Buy ➝ Hold | High |
| 9/18/2018 | OMAB Grupo Aeroportuario del Centro Norte | Downgrade | $51.00 | | Buy ➝ Hold | Low |
| 9/12/2018 | BSMX Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México | Downgrade | $6.00 | | Outperform ➝ Market Perform | N/A |
