Piper Sandler Maintains Overweight on Utz Brands, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Michael Lavery has maintained an Overweight rating on Utz Brands (NYSE:UTZ) and increased the price target from $17 to $18. This suggests a positive outlook on the company's stock performance.
December 18, 2023 | 2:16 pm
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POSITIVE IMPACT
Piper Sandler's analyst has reaffirmed an Overweight rating on Utz Brands and raised the price target to $18, indicating a positive sentiment towards UTZ's stock.
The increase in price target by Piper Sandler is a strong signal to investors that the firm believes in the potential for Utz Brands' stock to perform well in the near term. This could lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100