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UTZ Brands (UTZ) Receives a Buy from Barclays

Tipranks - Thu Mar 26, 6:28AM CDT

In a report released today, Andrew Lazar from Barclays maintained a Buy rating on UTZ Brands, with a price target of $12.00.

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According to TipRanks, Lazar is an analyst with an average return of -0.7% and a 47.45% success rate. Lazar covers the Consumer Defensive sector, focusing on stocks such as McCormick & Company, UTZ Brands, and The Hershey Company.

In addition to Barclays, UTZ Brands also received a Buy from Piper Sandler’s Michael Lavery in a report issued on March 23. However, yesterday, TipRanks – OpenAI reiterated a Hold rating on UTZ Brands (NYSE: UTZ).

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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