RBC Capital Reiterates Outperform on Primo Water, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Nik Modi has reiterated an Outperform rating on Primo Water (NYSE:PRMW) and maintained a $30 price target.
June 18, 2024 | 12:42 pm
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RBC Capital has reiterated its Outperform rating on Primo Water and maintained a $30 price target, indicating continued confidence in the company's performance.
The reiteration of an Outperform rating and a maintained price target of $30 by RBC Capital suggests that the analyst sees strong potential in Primo Water's future performance. This positive sentiment is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100