Ratings by Morgan Stanley (Jorge Kuri)
| Date | Company | Symbol | Type | Rating (Past) |
PT (Past) |
Start $ (End $) |
% Chg. | Details |
|---|---|---|---|---|---|---|---|---|
| 6/17/2026 | Credicorp | BAP | Upgrade | Overweight (Equalweight) |
362.32 (386.85) |
6.77% | Details | |
| 5/15/2026 | StoneCo Ltd. | STNE | Maintain | Underweight (N/A) |
|
Details | ||
| 5/13/2026 | Banco de Chile | BCH | Maintain | Equalweight (N/A) |
|
Details | ||
| 4/1/2026 | Grupo Supervielle | SUPV | Maintain | Overweight (N/A) |
|
Details | ||
| 3/31/2026 | AGI Inc | AGBK | Maintain | Overweight (N/A) |
|
Details | ||
| 3/19/2026 | DLocal Limited | DLO | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/11/2026 | Banco Santander Chile | BSAC | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/11/2026 | Banco de Chile | BCH | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/11/2026 | Credicorp | BAP | Maintain | Equalweight (N/A) |
|
Details | ||
| 3/9/2026 | AGI Inc | AGBK | New Coverage | Overweight (N/A) |
11.00 (6.63) |
-39.73% | Details | |
| 12/30/2025 | Itau Unibanco | ITUB | Maintain | Overweight (N/A) |
|
Details | ||
| 12/1/2025 | Bancolombia S.A. | CIB | Maintain | Overweight (N/A) |
|
Details | ||
| 11/25/2025 | Banco Santander Chile | BSAC | Maintain | Equalweight (N/A) |
|
Details | ||
| 11/25/2025 | PagSeguro | PAGS | Maintain | Underweight (N/A) |
|
Details | ||
| 11/17/2025 | Nu Holdings (Nubank) | NU | Maintain | Overweight (N/A) |
|
Details | ||
| 11/14/2025 | Nu Holdings (Nubank) | NU | Maintain | Overweight (N/A) |
|
Details | ||
| 10/29/2025 | Banco Santander (Brasil) S.A. | BSBR | Maintain | Overweight (N/A) |
|
Details | ||
| 9/19/2025 | PagSeguro | PAGS | Maintain | Underweight (N/A) |
|
Details | ||
| 7/11/2025 | Credicorp | BAP | Maintain | Equalweight (N/A) |
|
Details | ||
| 7/7/2025 | XP Inc. | XP | Maintain | Overweight (N/A) |
|
Details | ||
| 5/13/2025 | XP Inc. | XP | Upgrade | Overweight (Equalweight) |
17.87 (16.80) |
-5.99% | Details | |
| 4/8/2025 | Banco BBVA Argentina S.A | BBAR | Maintain | Overweight (N/A) |
|
Details | ||
| 4/8/2025 | Grupo Supervielle | SUPV | Maintain | Overweight (N/A) |
|
Details | ||
| 4/8/2025 | Banco Macro S.A | BMA | Maintain | Overweight (N/A) |
|
Details | ||
| 3/20/2025 | StoneCo Ltd. | STNE | Maintain | Underweight (N/A) |
|
Details | ||
| 2/28/2025 | DLocal Limited | DLO | Downgrade | Equalweight (Overweight) |
14.00 (14.71) |
5.07% | Details | |
| 1/28/2025 | Bancolombia S.A. | CIB | Upgrade | Overweight (Equalweight) |
35.67 (80.82) |
126.58% | Details | |
| 12/16/2024 | Grupo Supervielle | SUPV | Upgrade | Overweight (Underweight) |
13.18 (9.65) |
-26.78% | Details | |
| 12/16/2024 | Grupo Financiero Galicia | GGAL | Upgrade | Overweight (Underweight) |
61.58 (49.95) |
-18.89% | Details | |
| 12/16/2024 | Banco Macro S.A | BMA | Upgrade | Overweight (Underweight) |
89.58 (90.56) |
1.09% | Details | |
| 12/16/2024 | Banco BBVA Argentina S.A | BBAR | Upgrade | Overweight (Underweight) |
17.35 (19.59) |
12.91% | Details | |
| 9/27/2024 | Credicorp | BAP | Maintain | Equalweight (N/A) |
|
Details | ||
| 9/5/2024 | StoneCo Ltd. | STNE | Downgrade | Underweight (Equalweight) |
13.11 (11.12) |
-15.18% | Details | |
| 9/5/2024 | PagSeguro | PAGS | Downgrade | Underweight (Equalweight) |
11.06 (9.29) |
-16% | Details | |
| 8/19/2024 | Nu Holdings (Nubank) | NU | Maintain | Overweight (N/A) |
|
Details | ||
| 6/17/2024 | Itau Unibanco | ITUB | Upgrade | Overweight (Equalweight) |
5.80 (8.32) |
43.45% | Details | |
| 5/14/2024 | StoneCo Ltd. | STNE | Maintain | Equalweight (N/A) |
|
Details | ||
| 4/23/2024 | XP Inc. | XP | Downgrade | Equalweight (Overweight) |
21.02 (16.80) |
-20.08% | Details | |
| 4/23/2024 | XP Inc. | XP | Downgrade | Equalweight (Overweight) |
21.02 (21.02) |
0% | Details | |
| 4/1/2024 | StoneCo Ltd. | STNE | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/13/2024 | Credicorp | BAP | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/12/2024 | Banco Santander Chile | BSAC | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/7/2024 | Banco Bradesco S.A. | BBD | Maintain | Overweight (N/A) |
|
Details | ||
| 1/17/2024 | Inter & Co Inc. | INTR | Maintain | Underweight (N/A) |
|
Details | ||
| 11/6/2023 | Inter & Co Inc. | INTR | Maintain | Underweight (N/A) |
|
Details | ||
| 10/19/2023 | Nu Holdings (Nubank) | NU | Maintain | Overweight (N/A) |
|
Details | ||
| 7/20/2023 | XP Inc. | XP | Maintain | Overweight (N/A) |
|
Details | ||
| 7/19/2023 | Bancolombia S.A. | CIB | Maintain | Equalweight (N/A) |
|
Details | ||
| 4/13/2023 | DLocal Limited | DLO | Maintain | Overweight (N/A) |
|
Details | ||
| 4/11/2023 | PagSeguro | PAGS | Maintain | Equalweight (N/A) |
|
Details | ||
| 4/11/2023 | StoneCo Ltd. | STNE | Maintain | Equalweight (N/A) |
|
Details | ||
| 2/21/2023 | XP Inc. | XP | Maintain | Overweight (N/A) |
|
Details | ||
| 12/7/2022 | PagSeguro | PAGS | Downgrade | Equalweight (Overweight) |
9.23 (9.29) |
0.65% | Details | |
| 12/7/2022 | StoneCo Ltd. | STNE | Downgrade | Equalweight (Overweight) |
11.27 (11.12) |
-1.33% | Details | |
| 11/17/2022 | DLocal Limited | DLO | Maintain | Overweight (N/A) |
|
Details | ||
| 11/17/2022 | Nu Holdings (Nubank) | NU | Maintain | Overweight (N/A) |
|
Details | ||
| 11/17/2022 | Banco Santander Chile | BSAC | Maintain | Equalweight (N/A) |
|
Details | ||
| 1/3/2022 | Nu Holdings (Nubank) | NU | New Coverage | Overweight (N/A) |
9.40 (13.99) |
48.83% | Details | |
| 9/13/2021 | StoneCo Ltd. | STNE | Maintain | Overweight (N/A) |
|
Details | ||
| 6/28/2021 | DLocal Limited | DLO | New Coverage | Overweight (N/A) |
45.57 (14.00) |
-69.28% | Details | |
| 6/9/2021 | Credicorp | BAP | Downgrade | Equalweight (Overweight) |
134.04 (362.32) |
170.31% | Details | |
| 5/14/2021 | PagSeguro | PAGS | Maintain | Overweight (Overweight) |
|
Details | ||
| 3/4/2021 | XP Inc. | XP | Maintain | Overweight (Overweight) |
|
Details | ||
| 3/4/2021 | PagSeguro | PAGS | Maintain | Overweight (Overweight) |
|
Details | ||
| 2/26/2021 | Bancolombia S.A. | CIB | Maintain | Equalweight (Equalweight) |
|
Details | ||
| 2/19/2021 | Banco de Chile | BCH | Maintain | Equalweight (Equalweight) |
|
Details | ||
| 2/19/2021 | Banco Santander Chile | BSAC | Maintain | Equalweight (Equalweight) |
|
Details | ||
| 2/5/2021 | Banco Bradesco S.A. | BBD | Maintain | Overweight (Overweight) |
|
Details | ||
| 2/4/2021 | Banco Santander (Brasil) S.A. | BSBR | Maintain | Overweight (Overweight) |
|
Details | ||
| 2/3/2021 | Itau Unibanco | ITUB | Maintain | Overweight (Overweight) |
|
Details | ||
| 1/6/2020 | XP Inc. | XP | New Coverage | Overweight (N/A) |
38.22 (21.02) |
-45% | Details | |
| 8/7/2019 | Banco Santander (Brasil) S.A. | BSBR | Upgrade | Overweight (Equalweight) |
10.66 (5.37) |
-49.62% | Details | |
| 8/7/2019 | Banco Bradesco S.A. | BBD | Upgrade | Overweight (Equalweight) |
8.60 (3.59) |
-58.26% | Details | |
| 8/7/2019 | Itau Unibanco | ITUB | Upgrade | Overweight (Equalweight) |
8.91 (5.80) |
-34.9% | Details | |
| 3/8/2019 | Grupo Santander Mexico | BSMX | Downgrade | Underweight (Overweight) |
6.81 (5.46) |
-19.82% | Details | |
| 11/19/2018 | StoneCo Ltd. | STNE | New Coverage | Overweight (N/A) |
24.64 (11.12) |
-54.87% | Details | |
| 11/9/2018 | Banco Santander (Brasil) S.A. | BSBR | Upgrade | Equalweight (Underweight) |
11.10 (10.66) |
-3.96% | Details | |
| 11/9/2018 | Itau Unibanco | ITUB | Upgrade | Equalweight (Underweight) |
13.61 (8.91) |
-34.53% | Details | |
| 11/9/2018 | Banco Bradesco S.A. | BBD | Upgrade | Equalweight (Underweight) |
9.61 (8.60) |
-10.51% | Details |

