Morgan Stanley Sees Popular as Hinging on Direction of Economy
February 28, 2014 at 08:52 AM EST
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.