JP Morgan Maintains Overweight on Primo Water, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Primo Water (NYSE:PRMW) and raises the price target from $19 to $21.
May 02, 2024 | 3:53 pm
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POSITIVE IMPACT
JP Morgan analyst Andrea Teixeira maintains an Overweight rating on Primo Water and raises the price target from $19 to $21.
The upgrade in price target by a reputable analyst from JP Morgan is a strong positive signal for Primo Water, indicating a bullish outlook on the stock's future performance. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100