B&G Foods shares are trading lower after Piper Sandler downgraded the stock from Neutral to Underweight and lowered its price target from $14 to $8.
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has downgraded B&G Foods from Neutral to Underweight and lowered its price target from $14 to $8, causing B&G Foods shares to trade lower.

October 04, 2023 | 2:52 pm
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B&G Foods' stock has been downgraded by Piper Sandler, leading to a decrease in its share price.
The downgrade from Piper Sandler, a major financial services firm, has a direct impact on B&G Foods' stock. The lowered price target suggests a bearish outlook, which is likely to negatively affect investor sentiment and the stock's short-term price.
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