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telefônica brasil receives rating upgrade amid mixed analyst opinions and market activity

Telefônica Brasil (NYSE: VIV) has been upgraded to an "overweight" rating by Barclays, with a target price of $11.50, suggesting a potential upside of 40.93%. Despite this, several brokerages have lowered their price targets, with a consensus rating of "Moderate Buy" and a price target of $9.97. The company's shares opened at $8.16, reflecting a market capitalization of $13.49 billion and a recent quarterly EPS of $0.18, exceeding expectations.
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