Analyst Coverage
| RECOMMENDATION AND TARGET PRICE (R$) | ||||||
|---|---|---|---|---|---|---|
| BROKER | ANALYST | PHONE NUMBER | TARGET PRICE (R$) | RATING | LAST UPDATE | |
| BofA | Rogerio Araujo | rogerio.araujo@bofa.com | 55 11 2188-4255 | 64.00 | Buy | 10/12/2026 |
| Bradesco BBI | Andre Ferreira | andre.ferreira@bradescobbi.com.br | 55 11 99608-4771 | 73.00 | Buy | 10/12/2026 |
| BTG Pactual | Lucas Marquiori | lucas.marquiori@btgpactual.com | 55 11 3383-9119 | 63.00 | Buy | 08/09/2026 |
| Citi | Filipe Nielsen | filipe.nielsen@citi.com | 55 11 4009-5213 | 45.00 | Buy | 08/12/2026 |
| Goldman Sachs | Bruno Amorim | bruno.amorim@gs.com | 55 11 3371-0764 | 41.00 | Neutral | 08/12/2026 |
| Itaú BBA | Daniel Gasparete | daniel.gasparete@itaubba.com |
55 11 91434-5888 | 50.00 | Buy | 08/12/2026 |
| JP Morgan | Guilherme Mendes | guilherme.g.mendes@jpmorgan.com | 55 11 4950-4105 | 70.00 | Neutral | 10/13/2026 |
| Morgan Stanley | Jens Spiess | jens.spiess@morganstanley.com | 52 55 5282-6614 | 56.00 | Buy | 08/10/2026 |
| Safra | Luiz Peçanha | luiz.pecanha@safra.com.br | 55 11 3175-4284 | 54.90 | Buy | 06/15/2026 |
| Santander | Lucas Barbosa | ltbarbosa@santander.com.br |
55 11 3553-5320 | 70.00 | Buy | 08/31/2026 |
| Scotiabank | Jorge Gabrich | jorge.gabrich@scotiabank.com | 55 11 97488-1723 | 51.00 | Buy | 08/24/2026 |
| UBS | Alberto Valerio | alberto.valerio@ubs.com | 55 11 2767-6918 | 37.50 | Neutral | 08/16/2026 |
| XP | Pedro Bruno | pedro.bruno@xpi.com.br | 55 11 97565-7706 | 65.00 | Buy | 12/10/2025 |
Last Update: 10/14/2026