Piper Sandler lowered the firm’s price target on Utz Brands (UTZ) to $13 from $15 and keeps an Overweight rating on the shares. The firm notes the company pre-announced Q4 2025 sales below consensus, driven by retailer de-stocking in late Q4, though EBITDA was in-line with estimates. Piper considers its increased push into CA is a positive, supporting sustainable outperformance vs. the category, which is back to growth but remains below historical levels.
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 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
- Utz Brands sees FY25 revenue $1.44B, consensus $1.45B
- Utz Brands sees Q4 revenue $342M-$343M, consensus $351.08M