Barclays raised the firm’s price target on Dutch Bros to $35 from $30 and keeps an Equal Weight rating on the shares. The company’s Q1 comp, margin and EBITDA were above the Street, all similar to the prior two quarters, with traffic remaining positive, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BROS: