The following are today's upgrades for Validea's Contrarian Investor model based on the published strategy of David Dreman. The rating according to our strategy based on David Dreman changed from 84% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. The rating according to our strategy based on David Dreman changed from 69% to 76% based on the firm’s underlying fundamentals and the stock’s valuation. Company Description: Telefonica Brasil S.A. is a mobile telecommunications company in Brazil offering postpaid mobile services. Its operations consist of local and long distance fixed telephone services; mobile services, including value-added services; data services, including broadband services and mobile data services; Pay television services through direct to home (DTH), Internet protocol television (IPTV) and cable; network services, such as rental of facilities, as well as other services; wholesale services, including interconnection; digital services; services designed specifically for corporate customers, and the sale of wireless devices and accessories.

Source: Forbes July 25, 2023 11:17 UTC