JPMorgan Cuts Brazil to Neutral and Trims Its Ibovespa Target
Brazil · Markets Key Facts Rating cut JPMorgan moved Brazilian equities to Neutral from Overweight on Aug. 11, 2026. Target trimmed Year-end Ibovespa target lowered to 185,000 points from 190,000. Rate cycle Bank expects just one more 0.25 pp Selic cut in September, then a pause into Q2 2027. Growth warning Economic activity is slowing […] The post JPMorgan Cuts Brazil to Neutral and Trims Its Ibovespa Target appeared first on The Rio Times .
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