Needham Reiterates Buy on BellRing Brands, Maintains $62 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Matt McGinley reiterated a Buy rating on BellRing Brands (NYSE:BRBR) and maintained a $62 price target.

May 07, 2024 | 10:01 am
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Needham analyst Matt McGinley reiterated a Buy rating on BellRing Brands and maintained a $62 price target.
The reiteration of a Buy rating and maintenance of a $62 price target by a reputable analyst like Matt McGinley from Needham is likely to instill confidence among investors and could positively influence BellRing Brands' stock price in the short term. Analyst ratings, especially with a positive outlook, tend to have a significant impact on investor sentiment and can lead to stock price movements.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100