Stifel Maintains Buy on Dutch Bros, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Chris O'Cull maintains a Buy rating on Dutch Bros (NYSE:BROS) but lowers the price target from $40 to $38.
August 08, 2024 | 4:34 pm
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NEUTRAL IMPACT
Stifel analyst Chris O'Cull maintains a Buy rating on Dutch Bros but lowers the price target from $40 to $38.
The Buy rating suggests continued confidence in Dutch Bros' long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100