Bradesco Downgraded by JPMorgan, Price Target Cut 30% on Credit Deterioration
Published 5 h ago3 sourcesEvidence: Reported
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
Published 5 h ago3 sourcesEvidence: Reported
Published 2 d ago6 sourcesEvidence: Reported
Published 1 d ago7 sourcesEvidence: Reported
Published 1 d ago4 sourcesEvidence: Unknown
Published 20 h ago3 sourcesEvidence: Reported
Published 2 d ago3 sourcesEvidence: Unknown
Published 21 h ago2 sourcesEvidence: Reported
Published 2 d ago3 sourcesEvidence: Reported