Bradesco Q1: Reporting More Than Promised (Rating Upgrade)

I am raising my recommendation from Hold to Buy on Bradesco shares (NYSE: BBD ) after the Q1 2025 earnings release. This article is a continuation of my introductory coverage article published on May 23, 2024.More than 5 years of experience in equity analysis in LatAm. We provide our clients with in-depth research and insights to help them make informed investment decisions.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to init ...