Embraer, Cetip Added to Credit Suisse Brazil Model Portfolio
Embraer SA (EMBR3), the world’s fourth- largest planemaker, was added to Credit Suisse Group AG’s “model portfolio” of Brazilian stocks after the company reported “healthy” second-quarter earnings.
Brazilian clearinghouse Cetip SA - Balcao Organizado de Ativos e Derivativos (CTIP3) and oil company HRT Participacoes em Petroleo SA (HRTP3) were also added, Credit Suisse’s analyst Andrew T. Campbell wrote in a note to clients dated yesterday.
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