BofA raised the firm’s price target on Dutch Bros (BROS) to $75 from $73 and keeps a Buy rating on the shares. After earnings, the firm raised its FY26 adjusted EBITDA estimate on a higher revenue forecast, driven by better systemwide same-store sales growth and modestly higher net new openings, the analyst tells investors.
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Read More on BROS:
- Dutch Bros price target raised to $61 from $59 at Piper Sandler
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- Dutch Bros price target lowered to $75 from $76 at Barclays
- Dutch Bros price target raised to $85 from $84 at Citi
- Analyst Reiterates Buy on Dutch Bros, Maintains $70 Price Target After Strong Q1 and Raised Guidance
