Truist Securities Maintains Hold on Utz Brands, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Bill Chappell has maintained a Hold rating on Utz Brands (NYSE:UTZ) and increased the price target from $13 to $17.

March 04, 2024 | 1:30 pm
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Truist Securities has maintained a Hold rating on Utz Brands but raised the price target from $13 to $17.
The increase in price target from $13 to $17 by Truist Securities suggests a positive outlook on the stock's future performance, potentially leading to increased investor interest and a short-term uptick in the stock price. However, the Hold rating indicates that the analyst believes the stock might not significantly outperform the market in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90