Goldman Sachs Downgrades Suja Life to Neutral Following Weak Q3 Results
Shares of Suja Life (SUJA) fell approximately 18.3% in premarket trading on Wednesday following a downgrade by Goldman Sachs. The investment bank moved the stock from its previous rating to 'Neutral' and significantly reduced its price target to $12. The downgrade is driven by disappointing third-quarter financial results, which missed market expectations. Additionally, management has lowered its fiscal 2026 guidance, leading analysts to anticipate a period of slower growth for the company.
Topics: Earnings Results Guidance Lowered Pre-market Trading Stock Downgrade
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