Royal Bank of Canada and Bank of America raised Utz Brands' price targets and upgraded shares.

Royal Bank of Canada raised its price target for Utz Brands (NYSE: UTZ) from $19.00 to $23.00, following a research note. Bank of America upgraded shares from neutral to buy and increased their target price from $19.00 to $22.00. Utz Brands reported $0.14 EPS, exceeding analysts' consensus estimates of $0.13. The company has a consensus rating of Moderate Buy and an average target price of $20.42.

May 07, 2024
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