Barclays Maintains Equal-Weight on Dutch Bros, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jeffrey Bernstein has maintained an Equal-Weight rating on Dutch Bros (NYSE:BROS) and increased the price target from $28 to $31.
January 03, 2024 | 1:48 pm
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Barclays analyst Jeffrey Bernstein maintains an Equal-Weight rating on Dutch Bros and raises the price target from $28 to $31.
The increase in price target by Barclays reflects a positive outlook on Dutch Bros, which could lead to increased investor confidence and a potential short-term rise in the stock price. The Equal-Weight rating suggests that the stock is adequately valued, but the raised target indicates an expectation of some growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100