BellRing Brands initiated with an Outperform at Bernstein

Bernstein initiated coverage of BellRing Brands (BRBR) with an Outperform rating and $46 price target The firm believes the company’s market share will prove resilient “once this burst of activity in the club channel ends.” Bernstein views the stock’s valuation as attractive at current levels. BellRing’s category momentum “is likely to remain buoyant,” with double-digit growth into 2026, contends Bernstein.