May. 9 at 7:52 PM
🚀
$BRBR - Analyst Insights
Morgan Stanley downgraded BellRing Brands to Equalweight from Overweight, with a new price target of
$13, down from
$24.
The downgrade follows weak 2Q results, lower FY guidance, and rising competitive pressure.
Despite market-leading brand metrics, the company's growth outlook is now tempered by heightened consumer price sensitivity, cost inflation, and intensified competition.
A ~22.6% upside is possible, but near-term growth prospects remain weak.
🔹 Follow @tenet_research for more Analyst insights on other tickers.