Why This Westrock Coffee Analyst Is Bullish About The Strategic Shift To Ready-To-Drink Beverages
fee (JVA) Benzinga·2024-10-07 23:43
Shares of Westrock Coffee Co WEST came under pressure in early trading on Monday. The company is well positioned for margin expansion with the build out of its new facility in Conway, Arkansas. Truist Securities analyst Bill Chappell initiated coverage of Westrock Coffee with a Buy rating and price target of $10. The Westrock Coffee Thesis: The new state-of-the-art facility specializes in manufacturing coffee-based ready-to-drink (RTD) beverages, Chappell said. Check out other analyst stock ratings. America ...