Morgan Stanley Sees Popular as Hinging on Direction of Economy

By: via Benzinga
In a report published Friday, Morgan Stanley analyst Ken A. Zerbe reiterated an Underweight rating and $25.00 price target on Popular (NASDAQ: BPOP ). In the report, Morgan Stanley noted, “During our Puerto Rico field trip, we met with Popular, EVERTEC, and former and current members of the commonwealth's administration.
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