Goldman Sachs Reiterates Neutral on Bank Bradesco, Raises Price Target to $3.2
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Tito Labarta reiterates a Neutral rating on Bank Bradesco (NYSE:BBD) and raises the price target from $2.9 to $3.2.
June 22, 2023 | 12:09 pm
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NEUTRAL IMPACT
Goldman Sachs reiterates a Neutral rating on Bank Bradesco and raises the price target from $2.9 to $3.2.
The news of Goldman Sachs reiterating a Neutral rating on Bank Bradesco and raising the price target from $2.9 to $3.2 indicates that the analyst sees potential for the stock price to increase, but not enough to change the overall rating. This may have a neutral impact on the stock price in the short term as investors may view the price target increase as a positive sign, but the Neutral rating suggests that there may not be significant upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100