Utz Brands price target lowered to $16 from $19 at Mizuho

Mizuho lowered the firm’s price target on Utz Brands (UTZ) to $16 from $19 and keeps an Outperform rating on the shares. The firm sees a better risk/reward in the shares following the post-earnings selloff. Utz’s long-term growth outlook is strengthened despite its reinvestments hurting fiscal 2026 margins, the analyst tells investors in a research note.