Goldman Sachs Downgrades United Breweries Co to Sell, Lowers Price Target to $10.5
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has downgraded United Breweries Co (NYSE:CCU) from Neutral to Sell, reducing the price target from $12.9 to $10.5.

August 26, 2024 | 1:55 pm
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Goldman Sachs analyst Thiago Bortoluci has downgraded United Breweries Co (NYSE:CCU) from Neutral to Sell, and lowered the price target from $12.9 to $10.5, indicating a negative outlook.
The downgrade from Neutral to Sell by a major financial institution like Goldman Sachs is likely to negatively impact the stock price of United Breweries Co in the short term. The reduced price target from $12.9 to $10.5 suggests a bearish outlook.
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