ARCO - Arcos Dorados climbs 9% on Bradesco upgrading to Outperform
Arcos Dorados (NYSE:ARCO +9.0%) gains 9% on Wednesday, June 15 as Bradesco upgraded to Outperform from Neutral. This falls hand-in-hand with a Quant rating of 4.52 and a Strong Buy. (5 Very Bullish, 4 Bullish, 3 Neutral, 2 Bearish, 1 Very Bearish). Gives poor marks to company valuation; comparision with the peers based on quant factor grades. Sell Side Analyst ratings of Buy with a 4.10 rating. SA Author rating of Strong Buy with 4.66. SA Contributor that gives the stock a Buy rating comments: 'Arcos Dorados streamlined its delivery logistics before competitors caught the trend.'
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Arcos Dorados climbs 9% on Bradesco upgrading to Outperform