TD Cowen Maintains Buy on Dutch Bros, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Andrew Charles maintains a Buy rating on Dutch Bros (NYSE:BROS) but lowers the price target from $50 to $47.

August 08, 2024 | 10:02 am
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TD Cowen analyst Andrew Charles maintains a Buy rating on Dutch Bros but lowers the price target from $50 to $47.
The maintained Buy rating suggests continued confidence in Dutch Bros' performance, but the lowered 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