Barclays Maintains Overweight on Utz Brands, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar has maintained an Overweight rating on Utz Brands (NYSE:UTZ) but lowered the price target from $17 to $16.
October 12, 2023 | 6:49 pm
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Barclays has maintained an Overweight rating on Utz Brands but lowered the price target from $17 to $16.
The news is directly related to Utz Brands. While the Overweight rating indicates that Barclays expects the stock to outperform, the lowering of the price target may create some uncertainty among investors, potentially impacting the stock's short-term performance.
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