Analyst Scoreboard: 6 Ratings For Utz Brands
Portfolio Pulse from Benzinga Insights
In the past three months, Utz Brands (NYSE:UTZ) received 6 analyst ratings ranging from bullish to indifferent. The average 12-month price target for UTZ is now $19.42, up from $18.00, indicating a 7.89% increase. Analysts from firms like Needham, DA Davidson, Mizuho, Piper Sandler, and RBC Capital have adjusted their ratings and price targets, reflecting a generally positive outlook on UTZ's performance. Despite this, UTZ faces challenges in market capitalization, revenue growth, net margin, ROE, ROA, and debt management compared to industry averages.
March 01, 2024 | 12:00 pm
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Utz Brands received a mix of bullish to indifferent ratings from analysts, with an updated average price target of $19.42, indicating a potential upside. However, the company faces challenges in financial performance metrics.
The positive shift in analyst ratings and the increase in the average price target suggest a bullish outlook for UTZ in the short term. However, investors should be cautious due to UTZ's challenges in market capitalization, revenue growth, net margin, ROE, ROA, and debt management, which could impact its long-term performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100