Jefferies Initiates Coverage On BBB Foods with Hold Rating, Announces Price Target of $33
Portfolio Pulse from Benzinga Newsdesk
Jefferies has initiated coverage on BBB Foods with a Hold rating and set a price target of $33.
September 09, 2024 | 12:01 pm
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Jefferies has initiated coverage on BBB Foods with a Hold rating and a price target of $33, indicating a neutral stance on the stock.
The Hold rating suggests that Jefferies does not see significant upside or downside in the short term for BBB Foods. The price target of $33 provides a benchmark for investors, indicating where Jefferies believes the stock should be valued. This neutral stance is likely to result in minimal immediate impact on the stock price.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100