JPMorgan lowered the firm’s price target on BellRing Brands (BRBR) to $21 from $28 and keeps an Overweight rating on the shares ahead of the fiscal Q2 report on May 5. The firm continues to see risk toBellRing’s fiscal 2026 outlook and growth going forward. JPMorgan reduced the company’s fiscal 2026 estimates to reflect its increasing reliance on promotions to drive volume, continued competitive pressures, and potential pressure from cost inflation.
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Read More on BRBR:
- BellRing Brands price target lowered to $17 from $24 at TD Cowen
- BellRing Brands price target lowered to $22 from $27 at Barclays
- BellRing Brands initiated with a Neutral at BTIG
- BellRing Brands price target lowered to $19 from $22 at BofA
- Neutral Rating Maintained as Profit Outlook Lags Revenue Rebound and Margin Risks Persist