Piper Sandler Upgrades Dutch Bros to Overweight, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brian Mullan upgrades Dutch Bros (NYSE:BROS) from Neutral to Overweight and raises the price target from $32 to $37.
March 04, 2024 | 10:47 am
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Piper Sandler upgrades Dutch Bros from Neutral to Overweight and raises the price target from $32 to $37.
The upgrade from Neutral to Overweight by a reputable analyst at Piper Sandler, coupled with a significant increase in the price target, suggests a strong bullish outlook for Dutch Bros. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100