TD Cowen downgraded BellRing Brands (BRBR) to Hold from Buy with a price target of $31, down from $37. The firm sees downside risk to the company’s fiscal 2026 guidance due to its “increasingly competitive backdrop” and lack of visibility into its two largest customers. TD cut estimates to the low end of BellRing’s guidance and sees risk of more margin pressure in fiscal 2026 saying the cost to compete in the category continues to increase.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRBR:
- BellRing Brands Earnings Call: Strong 2025, Challenges Ahead
- DoorDash, Baidu upgraded: Wall Street’s top analyst calls
- BellRing Brands price target lowered to $35 from $40 at Evercore ISI
- BellRing Brands price target lowered to $41 from $43 at Morgan Stanley
- BellRing Brands price target lowered to $50 from $56 at Stifel