Evercore ISI Group Maintains Outperform on BellRing Brands, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Palmer has maintained an Outperform rating on BellRing Brands (NYSE:BRBR) and increased the price target from $47 to $53.
November 22, 2023 | 6:29 pm
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Evercore ISI Group's analyst David Palmer reaffirmed an Outperform rating on BellRing Brands and raised the price target to $53.
The increase in the price target by a reputable analyst typically suggests a positive outlook on the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
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