JP Morgan Maintains Overweight on Dutch Bros, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Ivankoe maintains an Overweight rating on Dutch Bros (NYSE:BROS) and raises the price target from $34 to $40.
March 19, 2024 | 11:26 am
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POSITIVE IMPACT
JP Morgan analyst John Ivankoe has maintained an Overweight rating on Dutch Bros and increased the price target from $34 to $40.
The increase in the price target by a reputable analyst like John Ivankoe from JP Morgan is a strong positive signal for Dutch Bros. It suggests confidence in the company's future performance and growth potential, likely leading to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100