CIBC Maintains Outperformer on Primo Water, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
CIBC maintains an Outperformer rating on Primo Water (NYSE:PRMW) and raises the price target from $24 to $26.
June 18, 2024 | 3:42 pm
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CIBC has maintained its Outperformer rating on Primo Water and increased the price target from $24 to $26, indicating confidence in the company's future performance.
The increase in the price target from $24 to $26 by CIBC suggests a positive outlook for Primo Water's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100