Dutch Bros Stock Has 25% Upside, According to 1 Wall Street Analyst
BROSDutch Bros(BROS) The Motley Fool·2024-03-05 19:36

Dutch Bros (BROS 2.87%) stock is trailing the market this year. While share prices of the expanding drive-thru coffee operator and franchisor have dropped nearly 5% so far in 2024, the S&P 500 index has gained about 8%. But analysts from Piper Sandler think that has created a buying opportunity. Research analysts at the firm raised their rating on Dutch Bros from neutral to the equivalent of a buy. It's the first buy rating on Dutch Bros from the firm since it initiated coverage. On Monday, the financial se ...