Jefferies Initiates Coverage On Bank Bradesco with Buy Rating, Announces Price Target of $3.5
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Inigo Vega has initiated coverage on Bank Bradesco (NYSE:BBD) with a Buy rating and a price target of $3.5.
October 16, 2023 | 11:43 am
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Jefferies has initiated coverage on Bank Bradesco with a Buy rating and a price target of $3.5, which could potentially boost the stock's performance.
The initiation of coverage by Jefferies with a Buy rating indicates a positive outlook for Bank Bradesco. The price target of $3.5 also suggests that the analyst believes the stock has potential for growth. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100