Deutsche Bank raised the firm’s price target on BellRing Brands (BRBR) to $89 from $77 and keeps a Buy rating on the shares. Looking to 2025, the firm sees continued challenges ahead for most consumer packaged goods companies. The analyst maintains a net-constructive view on household personal care and cosmetics, is becoming more positive on bon-alcoholic beverage names, and taking a more cautious position on food.
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Read More on BRBR:
- 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
- BellRing Brands price target raised to $78 from $70 at Evercore ISI