Telsey Advisory lowered the firm’s price target on Westrock Coffee (WEST) to $9 from $10 and keeps an Outperform rating on the shares. The company is in the early stages of multi-year sales and profit growth as it capitalizes on the shifting consumer preference to cold brew and ready to drink products, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WEST: