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Utz Brands price target lowered to $11.50 from $13.50 at UBS

UBS lowered the firm’s price target on Utz Brands (UTZ) to $11.50 from $13.50 and keeps a Neutral rating on the shares. While Utz is making steady progress, the stronger top line growth was offset by weaker margin delivery, the analyst tells investors in a research note.

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