Morgan Stanley Maintains Overweight on BellRing Brands, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Pam Kaufman has maintained an Overweight rating on BellRing Brands (NYSE:BRBR) and increased the price target from $43 to $53.
November 22, 2023 | 1:21 pm
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Morgan Stanley analyst Pam Kaufman has reaffirmed an Overweight rating on BellRing Brands and raised the price target from $43 to $53, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Pam Kaufman suggests a strong conviction in the future performance of BellRing Brands. This could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100