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-0.00232558139534899 0 -4.65116279070749E-05 -0.000465116279069923 0 -0.00232558139534899 -0.00465116279069778 -0.00465116279069778
Stock impact report

Goldman Sachs Reduces PT on Ambev S.A. (ABEV) to R$10.10 From R$10.20 [Yahoo! Finance]

Ambev S.A. American Depositary Shares (Each representing 1 Common Share) (ABEV) 
Last ambev s.a. american depositary shares (each representing 1 common share) earnings: 2/28 04:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Sachs slashed the price target on Ambev S.A. (NYSE:ABEV) to R$10.10 from R$10.20, maintaining a Sell rating on the stock. Why Ambev SA (ABEV) is Surging in 2025 The firm told investors in a research note that the latest industrial product data by IBGE reflected a 12% decrease in alcoholic beverage production in Brazil in August. This averages to a 13% year-over-year contraction quarter-to-date, and a 4% drop over the past 12 months. Ambev S.A. (NYSE:ABEV) produces, distributes, and sells beverages. Its offerings include carbonated soft drinks, beer, and other non-alcoholic and non-carbonated products. The company's operations are divided into the following geographical segments: Brazil, Central America and the Caribbean (CAC), and Canada. While we acknowledge the potential of ABEV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit signi Show less Read more
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