Goldman Sachs Maintains Sell on Bank Bradesco, Lowers Price Target to $2.8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Tito Labarta maintains a Sell rating on Bank Bradesco (NYSE:BBD) and lowers the price target from $3.2 to $2.8.

February 08, 2024 | 3:34 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Goldman Sachs maintains a Sell rating on Bank Bradesco and lowers the price target from $3.2 to $2.8.
The reduction in price target by a prominent analyst like Goldman Sachs suggests a bearish outlook on Bank Bradesco's stock. This could lead to a negative short-term impact on the stock price as market participants adjust their expectations based on this new analysis.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100