UTZ - Crunch Time For Utz: Analyst Predicts Flavorful Growth And Cost Efficiency | Benzinga
Mizuho Securities analyst John J. Baumgartner initiated coverage on Utz Brands Inc (NYSE: UTZ) with a Buy rating and a price target of $19.
The analyst says UTZ is poised for market share expansion through value-accretive M&A and organic growth.
Also, the analyst expects normalized growth of +3% in the salty snack market, thanks to higher frequency of snacking, innovation, and a shift from sweet alternatives.
Baumgartner projects ...