UBS Maintains Buy on Inter & Co, Raises Price Target to $10
UBS maintains Inter & Co (NASDAQ:INTR) with a Buy and raises the price target from $8.8 to $10.
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Inter & Co shares are trading higher after the company announced Banco Inter will acquire the remaining 39.75% stake in Inter Seguros, giving it full ownership of the insurance unit. Additionally, UBS raised its price target on the stock from $8.8 to $10.
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