UBS Initiates Coverage On Dutch Bros with Neutral Rating, Announces Price Target of $28
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Dennis Geiger has initiated coverage on Dutch Bros (NYSE:BROS) with a Neutral rating and a price target of $28.
September 21, 2023 | 3:44 pm
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NEUTRAL IMPACT
UBS has initiated coverage on Dutch Bros with a Neutral rating and a price target of $28.
The initiation of coverage by UBS with a Neutral rating suggests that the analyst sees the stock as fairly valued at current levels. The price target of $28 provides a reference point for investors, but does not necessarily suggest significant upside or downside. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100