| INSTITUTION | ANALYSTS | RECOMENDATION |
|---|---|---|
| Itaú IBBA | Vinicius Figueiredo | Buy |
| BofA | Flavio Yoshida | Buy |
| Goldman Sachs | Gustavo Miele | Buy |
| JP Morgan | Joseph Giordano | Neutral |
| BTG | Samuel Alves | Neutral |
| Safra | Vitor Pini | Neutral |
| UBS | Leonardo Olmos | Neutral |
| Morgan Stanley | Mauricio Cepeda | Neutral |
| Citi | Leandro Bastos | Neutral |
| Bradesco BBI | Marcio Osako | Neutral |
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