Goldman upgrades BAT to buy on clearer path to sustained revenue growth
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Goldman Sachs upgraded tobacco maker British American Tobacco to "buy" from "neutral" on Monday, citing a clearer path to sustained organic revenue growth toward the midpoint of its 3%-5% guidance range. Still guessing which stocks will beat the market? Our AI…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishBroker upgrade on a large tobacco stock, with a price target implying about 22% upside.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Goldman Sachs upgrades BAT to buy from neutral citing clearer organic growth.
- 02The 12-month price target rises to 5,600 pence from 5,200 pence.
- 03Goldman forecasts organic sales growth of about 4% in 2027 and 2028.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets