RBC Capital Initiates Coverage On Utz Brands with Outperform Rating, Announces Price Target of $17
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has initiated coverage on Utz Brands (NYSE:UTZ) with an Outperform rating and a price target of $17.
September 26, 2023 | 8:52 am
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Utz Brands has been given an Outperform rating by RBC Capital, with a price target of $17.
The Outperform rating from RBC Capital indicates that the analyst expects Utz Brands to do better than the market average or its peers. This positive outlook, coupled with a price target of $17, suggests that the analyst believes there is potential for the stock's price to increase. This could have a positive impact on the stock's price in the short term.
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