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Royal Bank Cuts Dutch Bros Price Target to $70.00

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CAD
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Royal Bank Of Canada has reduced its price target for Dutch Bros (NYSE:BROS) to $70.00 from $75.00, according to a research note issued on Thursday.

The brokerage maintains an 'outperform' rating on the stock, indicating a potential upside of 30.89% from the company's previous close.

This is not the only analyst revision for Dutch Bros this month; Telsey Advisory Group recently lifted its price target to $74.00 and gave the company an 'outperform' rating in a research report on Friday, July 31st.

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