Goldman Sachs initiated coverage of BBB Foods (TBBB) with a Neutral rating and $29 price target The stock is a “rare compounder” in the firm’s Latam Retail coverage universe, but this is fully reflected in the current valuation of 91-times expected forward earnings, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TBBB: