Stifel Maintains Buy on BellRing Brands, Raises Price Target to $67
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith maintains a Buy rating on BellRing Brands (NYSE:BRBR) and raises the price target from $63 to $67, indicating a positive outlook on the company's stock.
May 08, 2024 | 1:15 pm
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Stifel analyst Matthew Smith reaffirms a Buy rating on BellRing Brands and increases the price target to $67 from $63.
The increase in price target by a reputable analyst like Matthew Smith from Stifel suggests a strong confidence in BellRing Brands' future performance. This endorsement is likely to instill positive sentiment among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100