Scotiabank lowered its price target on América Móvil to $20.80 from $21.80 while maintaining a Sector Perform rating. The firm cited a diminished global risk premium for holding stocks versus bonds, noting the Latin American telecom sector is no exception. América Móvil reported adding 3.0 million postpaid wireless subscribers in its fiscal first quarter of 2026, with mobile service revenue growing 6.4% year-on-year and total revenue rising 2.1% to 237 billion Mexican pesos.
Bank of Nova ScotiaScotiabank lowered its price target on América Móvil, but the article is about the target change, not about Scotiabank itself.
America Movil SAB de CV ADR