Piper Sandler Upgrades B&G Foods to Neutral, Maintains Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler has upgraded B&G Foods (NYSE:BGS) from Underweight to Neutral, while maintaining the price target at $9.
May 16, 2024 | 1:47 pm
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POSITIVE IMPACT
Piper Sandler has upgraded B&G Foods from Underweight to Neutral, maintaining the price target at $9. This upgrade may provide a short-term boost to the stock price as it reflects improved sentiment from the analyst.
The upgrade from Underweight to Neutral indicates a more favorable view from the analyst, which can positively influence investor sentiment and potentially lead to a short-term increase in the stock price. However, the maintained price target suggests limited upside potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100