Needham Reiterates Buy on BellRing Brands, Maintains $44 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Matt McGinley has reiterated a 'Buy' rating on BellRing Brands (NYSE:BRBR) and maintained a price target of $44.
July 19, 2023 | 9:14 am
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Needham analyst Matt McGinley has reiterated a 'Buy' rating on BellRing Brands and maintained a price target of $44.
The reiteration of a 'Buy' rating by a reputable analyst like Matt McGinley from Needham is a positive signal for investors. The maintained price target of $44 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100