BofA analyst Sara Senatore lowered the firm’s price target on Dutch Bros (BROS) to $81 from $86 and keeps a Buy rating on the shares. The firm is fine-tuning estimates for over 20 companies across its restaurants coverage and also adjusting price targets to reflect estimate and market multiple changes as part of its calendar Q1 preview for the group.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BROS:
- Dutch Bros price target lowered to $80 from $82 at Morgan Stanley
- Dutch Bros price target lowered to $66 from $80 at Baird
- Dutch Bros price target raised to $72 from $54 at Guggenheim
- Dutch Bros Inc: Strong Growth Potential and Strategic Initiatives Drive Buy Rating
- Optimistic Growth Outlook for Dutch Bros Inc: Buy Rating Affirmed by Analyst