Rafael Barcellos

Stock Analyst at Bradesco

(1.40)

# 3,414

Out of 4,361 analysts

10

Total ratings

60%

Success rate

-2.3%

Average return

Main Sectors:

Materials Energy

Top Industries:

Steel Copper Specialty Chemicals Oil & Gas Equipment & Services

Stocks Rated by Rafael Barcellos

	Stock	Action	Price Target	Current	Upside	Ratings	Updated
	TX Ternium	Upgraded: Buy	$35 → $62	$51.24	+21.00%	2	May 19, 2026
	TSX: CS Capstone Copper Corp.	Initiated Coverage: Buy	$17.00	$15.95	+6.58%	1	Oct 14, 2025
	TSX: ERO Ero Copper Corp.	Initiated Coverage: Hold	$31.00	$44.56	-30.43%	1	Oct 14, 2025
	GGB Gerdau	Downgraded: Hold	$3.2	$4.89	n/a	1	Jan 10, 2025
	SQM Sociedad Química y Minera de Chile	Upgraded: Buy	$88	$80.84	n/a	1	Apr 24, 2023
	SCCO Southern Copper	Upgraded: Buy	$69	$201.37	n/a	1	Nov 28, 2022
	TS Tenaris	Downgraded: Hold	$35	$63.85	n/a	1	Nov 28, 2022
	BME: XUSIO Usinas Siderúrgicas de Minas Gerais S.A.	Downgraded: Hold	€1.54	$1.79	n/a	1	Nov 28, 2022
	USNZY Usinas Siderúrgicas de Minas Gerais S.A.	Upgraded: Buy	$4.46	$2.35	n/a	1	Oct 19, 2021

Ternium

May 19, 2026

Upgraded: Buy

Price Target: $35 → $62

Current: $51.24

Upside: +21.00%

Capstone Copper Corp.

Oct 14, 2025

Initiated Coverage: Buy

Price Target: $17.00

Current: $15.95

Upside: +6.58%

Ero Copper Corp.

Oct 14, 2025

Initiated Coverage: Hold

Price Target: $31.00

Current: $44.56

Upside: -30.43%

Gerdau

Jan 10, 2025

Downgraded: Hold

Price Target: $3.2

Current: $4.89

Upside: n/a

Sociedad Química y Minera de Chile

Apr 24, 2023

Upgraded: Buy

Price Target: $88

Current: $80.84

Upside: n/a

Southern Copper

Nov 28, 2022

Upgraded: Buy

Price Target: $69

Current: $201.37

Upside: n/a

Tenaris

Nov 28, 2022

Downgraded: Hold

Price Target: $35

Current: $63.85

Upside: n/a

Usinas Siderúrgicas de Minas Gerais S.A.

Nov 28, 2022

Downgraded: Hold

Price Target: €1.54

Current: $1.79

Upside: n/a

Usinas Siderúrgicas de Minas Gerais S.A.

Oct 19, 2021

Upgraded: Buy

Price Target: $4.46

Current: $2.35

Upside: n/a