Scotiabank lowered the firm’s price target on Tim SA (TIMB) to $17.60 from $23.20 and keeps an Outperform rating on the shares. The company modestly outperformed others in the space since early November, but is still well below the 2024 highs, the analyst tells investors.
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Read More on TIMB:
- Tim S.A. Demonstrates Strong Financial Growth
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- TIM S.A. Announces R$ 200 Million Interest Distribution to Shareholders
- TIM S.A. Updates Strategic Plan Amid Strong 2024 Performance
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