Mizuho lowered the firm’s price target on BellRing Brands (BRBR) to $75 from $85 and keeps an Outperform rating on the shares. The firm adjusted targets in the food producer sector. The analyst’s top picks feature degrees of support from increasing distribution, category growth, limited private label exposure. Mizuho reduced targets for multiple companies in conjunction with the industry valuation de-rating.
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Read More on BRBR:
- BellRing Brands: A Strategic Buy Amidst Market Volatility and Growth Potential
- BellRing Brands upgraded to Buy from Neutral at DA Davidson
- BellRing Brands added to DA Davidson ‘Best of Breed Bison’ list
- BellRing Brands price target lowered to $65 from $75 at Truist
- Stifel trims BellRing Brands target, sees opportunity in pullback
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