FLBR: From Worst In The World In 2024 To 2nd Best In 2026 And The Window Remains Open (Rating Upgrade)

I am raising my recommendation on the Franklin FTSE Brazil ETF from hold to buy, citing strong forward drivers. Brazil's 2026 outperformance is driven by election optimism and the market's search for AI-resilient, commodity-sensitive economies. FLBR's valuation is undergoing multiple repricings, with potential upside if P/E multiples converge with emerging market peers.