Deutsche Bank Maintains Hold on Primo Water, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Steve Powers maintains a Hold rating on Primo Water (PRMW) and raises the price target from $17 to $20.
May 10, 2024 | 4:33 pm
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POSITIVE IMPACT
Deutsche Bank maintains a Hold rating on Primo Water and increases the price target from $17 to $20, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Steve Powers from Deutsche Bank suggests a positive reassessment of Primo Water's market value and future prospects. This could lead to increased investor confidence and potentially a short-term increase in stock price, especially among investors who follow analyst ratings for investment decisions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100