• Banco Macro is trading 4.1% up at ARS 14,830.00 today after a U.S. appeals court wiped out a $16.1 billion judgment against Argentina, easing sovereign liability fears.
  • JPMorgan has reportedly boosted its price target on Banco Macro to $132, citing strong first-quarter earnings and attractive valuation levels.
  • The stock is benefiting from renewed investor optimism for a healthier Argentine financial system.