Dutch Bros shares are trading 4.1% higher at $54.94 on Wednesday, buoyed by a series of positive analyst notes that reaffirmed confidence in the company's growth outlook.
- TD Cowen reiterated its Buy rating and $73.00 price target on the stock, forecasting continued positive sales revisions.
- KeyBanc also maintained its Overweight rating with a $79.00 price target following a visit with the company's senior leadership team.
- The positive sentiment was echoed by UBS, which also reiterated its Buy rating for the coffee chain after a recent analyst event.