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Westrock Coffee price target raised to $9 from $7 at Telsey Advisory

Telsey Advisory raised the firm’s price target on Westrock Coffee (WEST) to $9 from $7 and keeps an Outperform rating on the shares. The company reported strong Q1 results, with gains from operationalization of all five production lines, the analyst tells investors in a research note. The firm added that Westrock is sharply focused on healthy growth, expansion of margin, and superior execution.

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