Bernstein Initiates Coverage On Ambev with Outperform Rating, Announces Price Target of $3.74
Portfolio Pulse from richadhand@benzinga.com
Bernstein analyst Nadine Sarwat initiates coverage on Ambev (NYSE:ABEV) with an Outperform rating and announces a price target of $3.74.
May 24, 2023 | 12:25 pm
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POSITIVE IMPACT
Ambev receives an Outperform rating from Bernstein analyst Nadine Sarwat, with a price target of $3.74.
The Outperform rating from Bernstein analyst Nadine Sarwat indicates a positive outlook for Ambev's stock price in the short term. The price target of $3.74 suggests potential upside, which could attract investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100