Companhia De Bebidas Lowered to “Equal Weight” at Barclays (ABV)
Companhia De Bebidas (NYSE:ABV) was downgraded by analysts at Barclays from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Friday. They currently have a $7.00 price target on the stock, down from their previous price target of $8.00. Barclays’ price objective suggests a potential downside of 81.18% from the company’s current price.
Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Companhia De Bebidas from $7.90 to $8.10 in a research note on Tuesday, June 3rd.
Companhia de Bebidas das Americas – AmBev (NYSE:ABV) is a Brazil-based company.
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