STXNEWS LATAM-Goldman ups Cielo target, cuts Red
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Posted On: 02/28/2012 10:41:33 PM
STXNEWS LATAM-Goldman ups Cielo target, cuts Redecard
Goldman Sachs Group analysts led by Carlos Macedo increased the price target for shares of Brazil's largest card payment processor Cielo by 9.1 percent to 62.60 reais, citing resilient earnings and the impact of the potential delisting of its closest rival Redecard.
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