Stephens & Co. Initiates Coverage On Vita Coco with Equal-Weight Rating, Announces Price Target of $30
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Jim Salera initiates coverage on Vita Coco (NASDAQ:COCO) with an Equal-Weight rating and a price target of $30.
June 23, 2023 | 8:37 am
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Stephens & Co. initiates coverage on Vita Coco with an Equal-Weight rating and a price target of $30.
The initiation of coverage by Stephens & Co. with an Equal-Weight rating and a price target of $30 for Vita Coco (NASDAQ:COCO) is likely to have a neutral impact on the stock price in the short term. The rating suggests that the stock is fairly valued and the price target indicates a potential upside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100