Barclays Maintains Overweight on BellRing Brands, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Lauren Lieberman maintains an Overweight rating on BellRing Brands (NYSE:BRBR) and raises the price target from $56 to $62.
February 08, 2024 | 7:17 pm
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POSITIVE IMPACT
Barclays analyst Lauren Lieberman maintains an Overweight rating on BellRing Brands and raises the price target from $56 to $62.
The upgrade in price target by a reputable analyst like Lauren Lieberman from Barclays indicates a strong bullish sentiment towards BellRing Brands. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price, given the positive outlook and the significant raise in the price target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100