Banco do Brasil S.A. (BBAS3) was downgraded to a Sell Rating at Goldman Sachs

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2026.04.29 07:45
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Goldman Sachs analyst Tito Labarta has downgraded Banco do Brasil S.A. (BBAS3) to a Sell rating, setting a price target of BRL21.00. The current analyst consensus for the bank is a Moderate Sell, with the same average price target. Labarta has an average return of -0.8% and a 47.50% success rate on his stock recommendations, focusing on the Financial sector.