Mizuho Maintains Buy on BellRing Brands, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner has maintained a Buy rating on BellRing Brands (NYSE:BRBR) and increased the price target from $47 to $57.
November 24, 2023 | 3:30 pm
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Mizuho analyst John Baumgartner maintains a Buy rating on BellRing Brands and raises the price target to $57, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in 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 85
RELEVANCE 100