Truist Securities Maintains Buy on BellRing Brands, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Bill Chappell has reaffirmed a Buy rating on BellRing Brands (NYSE:BRBR) and increased the price target from $45 to $55.
November 24, 2023 | 3:43 pm
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POSITIVE IMPACT
Truist Securities analyst Bill Chappell maintains a Buy rating on BellRing Brands and raises the price target from $45 to $55, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a strong confidence in BellRing Brands' future performance. This endorsement from a reputable analyst is likely to instill investor confidence and can lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100