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Piper Sandler Keeps Their Buy Rating on UTZ Brands (UTZ)

Tipranks - Tipranks - Tue Mar 24, 7:18AM CDT

In a report released today, Michael Lavery from Piper Sandler maintained a Buy rating on UTZ Brands, with a price target of $13.00.

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According to TipRanks, Lavery is a 4-star analyst with an average return of 4.7% and a 49.57% success rate. Lavery covers the Consumer Defensive sector, focusing on stocks such as The Hershey Company, Monster Beverage, and Mondelez International.

UTZ Brands has an analyst consensus of Strong Buy, with a price target consensus of $13.13.

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Based on UTZ Brands’ latest earnings release for the quarter ending December 28, the company reported a quarterly revenue of $342.2 million and a GAAP net loss of $2.5 million. In comparison, last year the company earned a revenue of $341.05 million and had a net profit of $2.31 million

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