RBC and Morgan Stanley Cut Dutch Bros Price Targets
RBC lowered its target to $38 from $46, maintaining Sector Perform. Morgan Stanley cut its target to $62 from $71, retaining Overweight.
Following the release of Dutch Bros Inc.'s third-quarter 2026 financial results, multiple analysts adjusted their price targets for the company. RBC cut its price target on Dutch Bros to $38 from $46, maintaining a 'Sector Perform' rating. Morgan Stanley also adjusted its price target, lowering it to $62 from $71 while keeping an 'Overweight' rating. These adjustments reflect analyst reactions to the company's updated guidance and reported performance metrics.