Estimates for the Brazil-based bank have moved higher in the past few weeks as analysts confidence in the company grow.
Shares of Banco Brasdesco climbed yesterday when the bank announced it is negotiating with the Brazilian government over a potential loan for the electric industry clearinghouse CCEE, a privately held company in charge of buying and selling electricity in the spot market.
Must Read: Warren Buffett's 10 Favorite Growth StocksSTOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. BBD data by YCharts
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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