Telefonica Brasil (NYSE:VIV) Reaches New 1-Year Low - Here's Why
Telefonica Brasil (NYSE:VIV) shares hit a new 52-week low of $11.48, trading below its 50-day and 200-day moving averages. This drop follows weakened analyst sentiment, with several downgrades leading to a consensus "Reduce" rating and an average price target of $14.26. The company also …