UBS raised the firm’s price target on Dutch Bros (BROS) to $90 from $67 and keeps a Buy rating on the shares. Dutch Bros’ Q4 results and commentary highlighted same-store sales and traffic strength, considerable margin and earnings upside, and confidence in strategic plans to support strong growth in 2025 and 2026, the analyst tells investors in a research note. Shares remain attractive given leading store expansion, accelerating SSS momentum into 2025, and a compelling multiyear catalyst path supportive of earnings upside, the firm argues.
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