Goldman Sachs Upgrades Grupo Televisa SA (TV) to Neutral
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- Goldman Sachs Upgrades Grupo Televisa SA (TV) to Neutral
- J.P. Morgan Upgrades Grupo Televisa (TV) to Overweight
- J.P. Morgan Downgrades Grupo Televisa (TV) to Neutral
Goldman Sachs upgrades Grupo Televisa SA (NYSE: TV) from Sell to Neutral and raises their price taget from $16.80 to $19.60.
The firm cited recent underperformance, premium to global peers has been reduced, sees likely revenue bounce in 2010E due to 4% GDP growth and soccer World Cup.
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