Evercore ISI raised the firm’s price target on BellRing Brands (BRBR) to $88 from $78 and keeps an Outperform rating on the shares. Historic levels of underperformance have set “a low bar” for the U.S. Food group, but heading into 2025, the firm will be watching for signs of stabilizing volume and improved earnings delivery, the analyst tells investors in an outlook note for the sector.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRBR:
- BellRing Brands price target raised to $89 from $77 at Deutsche Bank
- BellRing Brands price target raised to $75 from $61 at Stephens
- BellRing Brands price target raised to $79 from $74 at Barclays
- BellRing Brands price target raised to $86 from $84 at Jefferies
- BellRing Brands price target raised to $75 from $60 at Truist