Morgan Stanley Maintains Overweight on BellRing Brands, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Pam Kaufman maintains an Overweight rating on BellRing Brands (NYSE:BRBR) and raises the price target from $41 to $43.
August 11, 2023 | 12:48 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on BellRing Brands and raises the price target from $41 to $43. This could potentially lead to a positive impact on the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for BellRing Brands. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100