Stifel lowered the firm’s price target on BellRing Brands (BRBR) to $34 from $50 and keeps a Buy rating on the shares. BellRing brands reported a stronger first quarter, but the stock underperformed despite low expectations into the quarter, which the firm believes reflects a softer second quarter outlook and lowered FY26 guidance that is still second-half weighted, the analyst tells investors.
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Read More on BRBR:
- BellRing Brands price target lowered to $27 from $30 at Barclays
- BellRing Brands Buy Reaffirmed on Mid-Single-Digit Growth Potential and Retail Partnership Upside
- BellRing Brands Earnings Call: Growth Vs. Margin Squeeze
- BellRing Brands: Strong Q1 Beat and Undervalued Growth Justify Reiterated Buy Rating
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