UBS analyst Peter Grom lowered the firm’s price target on Utz Brands (UTZ) to $11 from $11.50 and keeps a Neutral rating on the shares. The operating environment and market backdrop for Consumer Staples remains challenging, but fundamentals could improve in 2026, the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UTZ:
- UTZ Brands: Near-Term Volatility and Margin Constraints Balance Long-Term Growth, Justifying Hold Rating
- Utz Brands price target lowered to $13 from $15 at Piper Sandler
- Utz Brands price target lowered to $14 from $15 at BofA
- UTZ: Maintaining Buy Rating on Resilient Long-Term Growth Despite Temporary Demand and Inventory Headwinds
- Utz Brands Reports Strong 2025 Preliminary Results, Deleveraging