Mizuho analyst John Baumgartner lowered the firm’s price target on BellRing Brands (BRBR) to $34 from $40 and keeps an Outperform rating on the shares. The firm reduced estimates after Nielsen data showed softer post-storm volumes.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BRBR:
- Morning News Wrap-Up 3/4/26: Wednesday’s Biggest Stock Market Stories!
- BellRing Shareholders Sue Company Over Sales Growth Claims
- BellRing Brands price target lowered to $22 from $25 at BofA
- LEVI & KORSINSKY, LLP: RETAILER INVENTORY STOCKPILING PRACTICES AT CENTER OF BELLRING BRANDS SECURITIES LITIGATION
- BellRing Brands Grants Special RSUs Amid CEO Transition