Utz Brands price target raised to $18 from $17 at Piper Sandler

Piper Sandler raised the firm’s price target on Utz Brands to $18 from $17 and keeps an Overweight rating on the shares. The firm notes Utz presented attractive three-year growth targets at its Investor Day, which it considers achievable. Piper expects good category momentum and share gains in expansion geographies to drive strong top-line growth.