XP Surges 31% on Itau BBA Upgrade to Outperform

“This just in. Benzinga reports Itau BBA analyst Pedro Leduc upgraded XP to Outperform from Market Perform, with a twenty-seven dollar price target.” — Hank Ledger, on air

On air: Hank Ledger and Vera Bullock on Pre-Market Pixels
Published 6:36 AM ET, Tuesday, October 6, 2026

At a glance

First reported by Benzinga: “Itau BBA Upgrades XP to Outperform, Announces $27 Price Target”.
Covered on BBN on Tuesday, October 6, 2026, at 6:36 AM ET on Pre-Market Pixels, by Hank Ledger and Vera Bullock.
Topics: Outperform.
BBN covered this story before: Red Sea Offensive, Analyst Calls, CNN Ownership (October 5).

The real story

The reporting behind this segment. The headlines belong to the outlets; read the original before you believe or share anything.

BenzingaItau BBA Upgrades XP to Outperform, Announces $27 Price Target

What BBN said about it

Hank Ledger · Lead AnchorThis just in. Benzinga reports Itau BBA analyst Pedro Leduc upgraded XP to Outperform from Market Perform, with a twenty-seven dollar price target.
Hank Ledger · Lead AnchorXP shares are up thirty-one percent.
Vera Bullock · Co-AnchorHank, that may explain the Brazil party. Analysis only: one analyst note lit a fintech like a birthday cake.
Vera Bullock · Co-AnchorI am emotionally in São Paulo right now.
Hank Ledger · Lead AnchorThe data does not tie XP to the Bovespa move, Vera. Please unpack your suitcase. We will update you if anything changes.