| Institution | Analyst | Recommendation | |
|---|---|---|---|
| Banco do Brasil | Andrea Aznar | Neutral | andrea.aznar@bb.com.br |
| Bank Of America | Robert Ford | Buy | robert.e.ford@bofa.com |
| Bradesco | Marcio Osako | Buy | marcio.osako@bradescobbi.com.br |
| BTG Pactual | Samuel Alves | Neutral | samuel.alves@btgpactual.com |
| Citi | Leandro Bastos | Buy | leandro.bastos@citi.com |
| Goldman Sachs | Gustavo Miele | Neutral | gustavo.miele@gs.com |
| Itaú | Vinicius Figueiredo | Buy | vinicius.figueiredo@itaubba.com |
| JP Morgan | Joseph Giordano | Buy | joseph.giordano@jpmorgan.com |
| Jefferies | Antonio Cardoso | Buy | acardoso@jefferies.com |
| Morgan Stanley | Mauricio Cepeda | Buy | mauricio.cepeda@morganstanley.com |
| Safra | Vitor Pini | Buy | vitor.pini@safra.com.br |
| Santander | Caio Moscardini | Buy | caio.moscardini@santander.com.br |
| Scotiabank | Juan Guzman | Buy | juan.guzman2@scotiabank.com |
| UBS | Vinicius Strano | Buy | vinicius.strano@ubs.com |
| XP | Gustavo Tiseo | Buy | gustavo.tiseo@xpi.com.br |
Last updated on July 21, 2026.