Dutch Bros initiated with an Overweight at Wells Fargo

Wells Fargo initiated coverage of Dutch Bros (BROS) with an Overweight rating and $80 price target Dutch Bros is among the best consumer growth stories, with a “disruptive” strategy, sizable white space, margin upside, and comp drivers over 2025 and 2026, the analyst tells investors in a research note. The firm says its estimates are above consensus and that is sees upside as the company’s initiatives unfold and momentum builds. Dutch Bros offers industry-leading unit economics, contends Wells.

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