Morgan Stanley analyst Pamela Kaufman raised the firm’s price target on BellRing Brands to $32 from $30 and keeps an Overweight rating on the shares following "better than expected" Q1 results, including having beat consensus revenue, EBITDA and EPS forecasts. The firm’s EBITDA and EPS forecasts for 2023 increased by 3.6% and 1.9%, respectively, following the report.
Published first on TheFly
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