Firm Analyst Price Target Recommendation
Barclays Michel Morin US$ 27,00 ADR Underweight
R$ 48,00 PN
BES Securities Caimi Franco Reis US$ 34.53 ADR Buy
R$ 61,53 PN
Bradesco Luis Azevedo R$ 66,00 PN Market Perform
Brascan Beatriz Battelli R$ 61,83 PN Market Perform
BTG Pactual Carlos Sequeira R$ 59,00 PN Neutral
US$ 31.94 ADR
Citigroup James Rivett R$ 60,00 PN Hold
R$ 63,00 ON Buy
Credit Suisse Andrew Campbell R$ 63,00 PN Outperform
US$ 37.00 ADR
Deutsche Bank Rizwan Ali US$ 35.00 ADR Buy
Goldman Sachs Stephen Graham R$ 63,50 PN Buy
JP Morgan André Baggio US$ 36.00 ADR Overweight
R$ 64,80 PN
Merrill Lynch Maurício Fernandes US$ 34.00 ADR Buy
Morgan Stanley Vera Rossi R$ 57,60 PN Overweight
US$ 32.00 ADR
Santander Valder Nogueira R$ PN Buy
US$ ADR

VIVO is followed by the analyst(s) listed above. Please note that any opinions. estimates or forecasts regarding performance made by these analysts are theirs alone and do not represent opinions. forecasts or predictions of or its management. does not by its reference above or distribution imply its endorsement of or concurrence with such information. conclusions or recommendations.
Updated:April/2010.