Westrock Coffee price target lowered to $9 from $10 at Telsey Advisory

Telsey Advisory lowered the firm’s price target on Westrock Coffee (WEST) to $9 from $10 and keeps an Outperform rating on the shares. The company is in the early stages of multi-year sales and profit growth as it capitalizes on the shifting consumer preference to cold brew and ready to drink products, the analyst tells investors.