RBC Capital Maintains Outperform on Utz Brands, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has maintained an Outperform rating on Utz Brands (NYSE:UTZ) and increased the price target from $17 to $19.
December 18, 2023 | 2:07 pm
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RBC Capital analyst Nik Modi reaffirmed an Outperform rating on Utz Brands and raised the price target from $17 to $19, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a bullish outlook on Utz Brands, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100