Dutch Bros Reaches Analyst Target Price
May 16, 2024 at 07:43 AM EDT
In recent trading, shares of Dutch Bros Inc (BROS) have crossed above the average analyst 12-month target price of $37.55, changing hands for $37.59/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..