Mizuho Maintains Buy on Utz Brands, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Baumgartner maintains a Buy rating on Utz Brands (NYSE:UTZ) and raises the price target from $22 to $24, indicating a positive outlook on the company's stock.
May 03, 2024 | 12:20 pm
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Mizuho analyst John Baumgartner maintains a Buy rating on Utz Brands and raises the price target from $22 to $24, signaling confidence in the company's future performance.
The increase in price target by a reputable analyst like John Baumgartner suggests a strong bullish sentiment towards Utz Brands. This kind of positive analyst coverage typically leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100