CHILE · MARKETS
Key Facts
—What happened: Itaú BBA cut its CMPC price target to 1,030 pesos (US$1.12), the lowest of 15 analysts tracked by Bloomberg.
—The worry: The planned US$4.6 billion Natureza pulp mill in Brazil could overload an already stretched balance sheet.
—The catch: Itaú actually raised its profit forecast for the company; the problem is debt, not the business.






