Barclays analyst Andrew Lazar lowered the firm’s price target on BellRing Brands (BRBR) to $27 from $30 and keeps an Overweight rating on the shares. The firm say say the company’s narrowing the upper end of its fiscal 2026 sales and EBITDA guidance acknowledges what Street estimates already imply – that the “land grab” by insurgent protein shake brands has elevated promotional frequency.
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Read More on BRBR:
- BellRing Brands price target lowered to $23 from $26 at UBS
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- BellRing Brands price target lowered to $27 from $30 at Barclays
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