Banco Bradesco Reaches Analyst Target Price
In recent trading, shares of Banco Bradesco SA (Symbol: BBD) have crossed above the average analyst 12-month target price of $3.54, changing hands for $3.57/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level….

