Analysts Cut Dutch Bros Price Targets After Q3 Results
Multiple analysts lowered price targets after Dutch Bros reported third-quarter results. Stephens cut its target to $47 from $65 and maintained an Overweight rating.
Dutch Bros (BROS) shares drew investor attention on Thursday after multiple analysts lowered their price targets on the coffee chain following its third-quarter results.Stephens cut its price target to $47 from $65 while maintaining an ‘Overweight’ rating. The firm expects the shares to fall “meani…