Skip to main content
MarketsReportedMedium
5.9

Itaú BBA downgrades Bradesco to neutral, cuts target to R$20 on weak 2027 outlook

Itaú BBA downgraded Bradesco to neutral from buy, cutting its target price to R$20, citing stagnant profit growth in 2027 due to lower credit demand and higher provisions. The downgrade reflects a deteriorating credit cycle and reduced earnings visibility for Brazil's banking sector.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works

InfoMoneyabout 3 hours agoBRCredibility 48%View source

Score Breakdown

Mosaic Score5.9
Model confidence0.9
Significance0.5
Source credibility0.5

Intelligence Tags

Entities

Brazilcountry
Source

Related signals

8 found