JP Morgan Maintains Overweight on BellRing Brands, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Kenneth Goldman maintains an Overweight rating on BellRing Brands (NYSE:BRBR) but lowers the price target from $65 to $64.
August 07, 2024 | 6:03 pm
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JP Morgan analyst Kenneth Goldman maintains an Overweight rating on BellRing Brands but lowers the price target from $65 to $64.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100