Barclays Maintains Equal-Weight on Dutch Bros, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Equal-Weight rating on Dutch Bros (NYSE:BROS) but lowered the price target from $30 to $26.
October 23, 2023 | 10:32 am
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Barclays has maintained an Equal-Weight rating on Dutch Bros but lowered the price target from $30 to $26.
The lowering of the price target by Barclays indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Dutch Bros' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100