Needham Maintains Buy on Utz Brands, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Matt McGinley maintains a Buy rating on Utz Brands (NYSE:UTZ) and raises the price target from $20.5 to $22.
May 03, 2024 | 10:15 am
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Needham analyst Matt McGinley maintains a Buy rating on Utz Brands and raises the price target from $20.5 to $22.
The increase in price target by a reputable analyst like Matt McGinley suggests a strong bullish sentiment towards Utz Brands. This adjustment reflects an expectation of higher future performance and is likely to positively influence investor sentiment and the stock's short-term price movement.
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IMPORTANCE 90
RELEVANCE 100