BellRing Brands price target raised to $89 from $77 at Deutsche Bank

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.