BofA/Merrill Lynch Downgrades Grupo Supervielle (SUPV) to Neutral

BofA/Merrill Lynch analyst Mario Pierry downgraded Grupo Supervielle (NYSE: SUPV) from Buy to Neutral with a price target of $8.00.

The analyst steps the the sidelines citing the valuation along with unstable/uncertain macro limitations to visibility going forward.

For an analyst ratings summary and ratings history on Grupo Supervielle click here. For more ratings news on Grupo Supervielle click here.

Shares of Grupo Supervielle closed at $5.65 yesterday.

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