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Dutch Bros upgraded to strong-buy as analysts adjust price targets

Dutch Bros logoDutch Bros
Sig1.35Sen+0.35Env0.00Soc0.00Gov-0.60

Royal Bank of Canada lowered its Dutch Bros target price to $70 from $75 while keeping an outperform rating. Shares fell 1.6%, with analysts projecting 0.87 EPS for the fiscal year. Insiders sold 3,351,718 shares worth $201,734,008 over the last quarter, while several investors reported small additional buys. Robert W. Baird upgraded the stock to strong-buy.

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