Broker Date Analyst Recommendation Target Price
Bank of America
Merrill Lynch
03/25/2020 Rodrigo Villanueva
Leonardo Olmos
Mario Pierry
Sell R$20.00
US$4.00
Bradesco BBI 08/29/2019 Fred Mendes
Guilherme Haguiara
Buy R$37.00
BTG Pactual 08/15/2019 Thiago Kapulskis
Osni Carfi
Buy R$40.00
US$9.40
Credit Suisse 01/22/2020 Daniel Federle
Felipe Cheng
Buy R$42.00
Goldman Sachs 01/13/2020 Diego Aragão
Vitor Tomita
João Dutra
Buy R$45.00
US$10.00
HSBC 06/24/2019 Christopher Recouso
Phani Kanumuri
Sell R$26.00
Itaú BBA 08/14/2019 Susana Salaru
Tito Ferraz
Buy R$45.00
Jefferies 04/01/2020 Samad Samana
Mason Marion
Ryan Bressner
Jordan Boretz
Buy R$39.00
US$5.00
J.P. Morgan 12/13/2019 Marcelo Santos Neutral R$34.34
Morgan Stanley 02/27/2020 Cesar Medina Buy R$43.00
US$10.00
Safra 12/19/2019 Luis Azevedo
Silvio Doria
Buy R$40.00
Santander 03/20/2019 Maria Tereza Azevedo Buy R$38.50
UBS 08/14/2019 Vinicius Ribeiro Neutral R$34.00

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