Bank of America analyst Peter Galbo downgraded the stock fro...

Moomoo AI Dec 7, 2023 13:31

Bank of America analyst Peter Galbo downgraded the stock from 'Buy' to 'Neutral' and reduced the price target from $15 to $11. He suggests that the long-term benefits of the Sonoma-Cutrer Vineyards acquisition might outweigh the short-term dilution effect.

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Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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