UPDATE: Morgan Stanley Reiterates On America Movil On Trimmed EBITDA Estimates

In a report published Friday, Morgan Stanley analyst Michel Morin reiterated an Equal-Weight rating on America Movil (NYSE: AMX ), but lowered the price target from $21.00 to $20.00. In the report, Morgan Stanley noted, “Trimming EBITDA estimates by 1-2% following 4Q results. The larger cut to EPADR reflects large