Deutsche Bank raised the firm’s price target on Primo Brands (PRMB) to $35 from $33 and keeps a Buy rating on the shares. Looking to 2025, the firm sees continued challenges ahead for most consumer packaged goods companies. The analyst maintains a net-constructive view on household personal care and cosmetics, is becoming more positive on bon-alcoholic beverage names, and taking a more cautious position on food.
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Read More on PRMB:
- Roku, Robinhood upgraded: Wall Street’s top analyst calls
- Primo Brands resumed with a Buy at Deutsche Bank
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
