Wedbush Maintains Outperform on Dutch Bros, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Nick Setyan has maintained an Outperform rating on Dutch Bros (NYSE:BROS) and increased the price target from $35 to $37, indicating a positive outlook on the company's stock.
December 21, 2023 | 4:21 pm
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Wedbush analyst Nick Setyan reaffirmed an Outperform rating on Dutch Bros and raised the price target to $37, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a bullish perspective on the stock, which can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100