Ratings by BofA Securities (Caio Ribeiro)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 8/24/2026 | Suzano S.A. | SUZ | Upgrade | Buy (Neutral) |
8.78 (8.50) |
-3.19% | Details | |
| 8/20/2026 | Gerdau S.A. | GGB | Downgrade | Neutral (Buy) |
4.46 (5.13) |
15.02% | Details | |
| 8/5/2026 | Vale S.A. | VALE | Downgrade | Neutral (Buy) |
14.58 (13.11) |
-10.08% | Details | |
| 4/17/2026 | Petrobras | PBR | Upgrade | Buy (Neutral) |
21.50 (25.56) |
18.88% | Details | |
| 4/13/2026 | Ternium S.A. | TX | Upgrade | Buy (Neutral) |
41.24 (58.16) |
41.03% | Details | |
| 4/7/2026 | Suzano S.A. | SUZ | Downgrade | Neutral (Buy) |
9.65 (8.78) |
-9.02% | Details | |
| 4/2/2026 | Vale S.A. | VALE | Upgrade | Buy (Neutral) |
16.05 (14.58) |
-9.16% | Details | |
| 2/26/2026 | Vale S.A. | VALE | Downgrade | Neutral (Buy) |
17.53 (16.05) |
-8.44% | Details | |
| 2/26/2026 | Southern Copper | SCCO | Downgrade | Underperform (Neutral) |
215.20 (201.78) |
-6.24% | Details | |
| 1/22/2026 | Vale S.A. | VALE | Maintain | Buy (N/A) |
|
Details | ||
| 7/28/2025 | Southern Copper | SCCO | Upgrade | Neutral (Underperform) |
98.19 (215.20) |
119.17% | Details | |
| 4/10/2025 | Vale S.A. | VALE | Upgrade | Buy (Neutral) |
8.86 (17.53) |
97.86% | Details | |
| 4/7/2025 | Gerdau S.A. | GGB | Downgrade | Neutral (Buy) |
2.57 (4.46) |
73.54% | Details | |
| 4/7/2025 | Ternium S.A. | TX | Downgrade | Underperform (Neutral) |
28.20 (41.24) |
46.24% | Details | |
| 6/27/2024 | Petrobras | PBR | Upgrade | Buy (Neutral) |
14.30 (21.50) |
50.35% | Details | |
| 5/30/2024 | Ecopetrol SA | EC | Downgrade | Underperform (Neutral) |
12.30 (17.77) |
44.47% | Details | |
| 5/24/2024 | Gerdau S.A. | GGB | Upgrade | Buy (Neutral) |
3.53 (5.13) |
45.33% | Details | |
| 4/9/2024 | Companhia Siderurgica Nacional S.a | SID | Downgrade | Underperform (Neutral) |
0.08 (1.13) |
1312.5% | Details | |
| 4/9/2024 | Vale S.A. | VALE | Downgrade | Neutral (Buy) |
12.50 (8.86) |
-29.12% | Details | |
| 3/8/2024 | Petrobras | PBR | Downgrade | Neutral (Buy) |
16.69 (25.56) |
53.15% | Details | |
| 11/20/2023 | Ternium S.A. | TX | Upgrade | Buy (Neutral) |
36.81 (58.16) |
58% | Details | |
| 11/20/2023 | Companhia Siderurgica Nacional | SID | Upgrade | Buy (Underperform) |
3.00 (1.13) |
-62.33% | Details | |
| 11/20/2023 | Gerdau S.A. | GGB | Downgrade | Neutral (Buy) |
5.02 (5.13) |
2.19% | Details | |
| 11/20/2023 | Vale S.A. | VALE | Upgrade | Buy (Neutral) |
15.14 (12.50) |
-17.44% | Details | |
| 8/23/2023 | Ecopetrol SA | EC | New Coverage | Neutral (N/A) |
11.25 (17.77) |
57.96% | Details | |
| 8/23/2023 | Petrobras | PBR | Upgrade | Buy (Neutral) |
13.52 (25.56) |
89.05% | Details | |
| 6/12/2023 | Ternium S.A. | TX | Downgrade | Neutral (Buy) |
42.35 (58.16) |
37.33% | Details | |
| 8/26/2022 | Vale S.A. | VALE | Maintain | Neutral (N/A) |
|
Details | ||
| 8/26/2022 | Ternium S.A. | TX | Downgrade | Neutral (Buy) |
34.08 (58.16) |
70.66% | Details |
