Список проголосовавших за комментарий "Bublikk, из того прошлонедельного жипиморгановского апгрейда раши:<br/> "...We raise Russia to OW from UW. The two key catalysts<br/> are the fading of the Ukraine crisis and the big shift in<br/> positioning– GEM funds are UW for the first time since<br/> 2009. The EM value trade is working – that should<br/> benefit Russia, in our view. The upside risks would come<br/> from a better payout ratio from state-owned companies;<br/> downside risks from a flare-up in Ukraine, the domestic<br/> recession stretching into 4Q (or later) and no increase in<br/> the payout ratio. Lukoil, Sberbank and Megafon (just<br/> added now) are in the CEEMEA Strategy Top 10 list; we<br/> would add: Gazprom, Norilsk Nickel, Megafon, plus<br/> dividend-paying mid-caps Moscow Exchange and<br/> Alrosa (in our CEEMEA Portfolio on p. 13). We remain<br/> OW exporters and Sberbank versus UW the consumer...""