Goldman Sachs Maintains Buy on Embotelladora Andina, Lowers Price Target to $15.8
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has maintained its Buy rating on Embotelladora Andina (NYSE:AKO), but has lowered the price target from $17.8 to $15.8.
October 24, 2023 | 6:56 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Embotelladora Andina but lowers the price target from $17.8 to $15.8.
Goldman Sachs' decision to maintain a Buy rating on Embotelladora Andina indicates a positive outlook for the company. However, the lowering of the price target may suggest a potential decrease in the stock's value. The impact on the stock price is uncertain in the short term as it depends on how investors interpret this news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100