Brazil considers capping meal voucher fees, Pix system deposits doubtful, say sources By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2025
0mins
Source: Investing.com
Government's Plans for Meal Voucher Market: Brazil's government is considering capping card processor fees and shortening settlement periods in the meal voucher market to reduce costs, while also exploring direct payments through the Pix system, though this faces opposition from intermediaries.
Impact on Food Inflation and Regulations: The initiative aims to address food inflation affecting President Lula's approval ratings, but the government has delayed implementing necessary regulations from a 2022 law that would enhance competition and access within the meal voucher system.
Analyst Views on EDEN
Wall Street analysts forecast EDEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EDEN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 120.400
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Current: 120.400
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
