Needham Reiterates Buy on BellRing Brands, Maintains $52 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Matt McGinley has reiterated a Buy rating on BellRing Brands (NYSE:BRBR) and maintained a price target of $52.

November 22, 2023 | 8:46 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Needham analyst Matt McGinley reaffirmed a Buy rating on BellRing Brands and kept the price target at $52, indicating a positive outlook on the stock.
The reiteration of a Buy rating by a respected analyst like Matt McGinley can instill confidence in investors and potentially lead to a positive short term impact on the stock price. The maintained price target of $52 suggests that the analyst sees continued upside potential for the stock, which could influence investor sentiment and trading behavior.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100