DA Davidson initiated coverage of BellRing Brands with a Neutral rating and $60 price target. BellRing’s status as the best performing stock in Food over the past year is deserved, as the company has pulled out from under capacity constraints to demonstrate strong underlying demand momentum for its Premier Protein shakes, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on BRBR:
- BRBR, LW, POST: 3 Tasty Food Stocks with Strong Buy Ratings
- BellRing Brands price target raised to $55 from $45 at Truist
- BellRing Brands price target raised to $57 from $47 at Mizuho
- BellRing Brands price target raised to $53 from $47 at Evercore ISI
- BellRing Brands price target raised to $54 from $48 at Stifel