Alexander Burgansky

Deutsche Bank’s Alexander Burgansky downgraded the rating for Petroleo Brasileiro SA Petrobras (ADR) (NYSE: PBR) from Hold to Sell, while reducing the price target from BRL7.30 to BRL5.10. The company’s business is likely to be stable, with no significant changes likely to the capex...

Argentina made the news throughout 2014, mainly because of its dispute with several “holdouts,” including famed funds like Elliot Management, which wouldn’t accept the exchange offer launched by the country in an attempt to restructure its debt. Despite these disputes, there...

Deutsche Bank issued a Latin American oil and gas industry update Tuesday amid new pricing forecasts which reduced target prices for the group by an average of 17 percent. “The DB commodities team revised its oil price forecasts: reducing its Brent estimates to $72.5/bbl for 2015 (vs. its...