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M&T Bank Corp Makes New $1.71 Million Investment in Credicorp Ltd. $BAP
M&T Bank Corp has made a new investment of $1.71 million in Credicorp Ltd. ($BAP) by purchasing 5,968 shares during the fourth quarter. Institutional investors hold 89.81% of Credicorp stock, with several firms increasing their positions, including UBS Group which nearly doubled its stake. Analysts maintain a “Moderate Buy” consensus rating for Credicorp, with UBS recently raising its price target to $408.