Evercore ISI analyst David Palmer lowered the firm’s price target on BellRing Brands (BRBR) to $35 from $40 and keeps an Outperform rating on the shares. The company sees potential for double-digit all-channel consumption growth for its Premier Protein brand, which “would be a surprise to investors” and make possible the firm’s 4% FY26 organic sales estimate even with a mid-single digit organic sales decline in fiscal Q1, the analyst says.
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