JPMorgan Upgrades Banco Bradesco (BBD) Two-Notches to Overweight

September 2, 2009 8:33 AM EDT

JPMorgan upgrades Banco Bradesco ADS (NYSE: BBD) all the way from Underweight to Overweight, also raising its price target from $13 to $21.

With shares of Banco Bradesco trading up almost a percent to $16.00 this morning, JPMorgan's new price target represents potential upside of about 31% from current levels.

To see all the market-moving analyst upgrades/downgrades on shares of Banco Bradesco, visit our Analyst Ratings page.

Banco Bradesco S.A. provides a range of banking and financial products and services to individuals, small to mid-sized companies, and local and international corporations and institutions.


Related Categories

Upgrades

Stocks Mentioned

BBD 20.68

-0.20 -0.96%
Volume: 6,144,641
Track BBD


Related Entities


Add Your Comment