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Actionable news in BBD: BANCO BRADESCO S.A. AMERICAN DEPOSITARY SHARES (EACH REPRESENTING ONE PREFERRED SHARES),

Banco Bradesco (BBD) Stock Closed Higher, Barclays Raises Price Target

NEW YORK (TheStreet) -- Shares of Banco Bradesco (BBD) closed up on Tuesday as Barclays increased its price target on the Brazilian bank holding company to BRL28.50 from BRL26 based on valuation.

Barclays maintained its "equal weigh" rating on the stock, Barron's noted.

Among Brazilian banks, the firm said investors should lean toward firms who have healthy provision coverage levels...


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