Utz Brands (UTZ) Mentioned Positively in Latest Piper Sandler Teen Survey

Snack food company Utz Brands (NYSE: UTZ) was mentioned positively in Piper Sandler's 41st semi-annual Taking Stock With Teens Survey.

"As a share of favorite snack brand, mentions for Utz brands increased 60% since our Fall 2020 teen survey," analyst Michael Lavery commented. "Utz is currently expanding distribution of its brands to new geographies and channels in the US. We believe growing popularity of its brands among teens, coupled with distribution expansion, could position it well."

The firm reiterated an Overweight rating and $28.00 price target on UTZ.

For an analyst ratings summary and ratings history on Utz Brands click here. For more ratings news on Utz Brands click here.

Shares of Utz Brands closed at $25.81 yesterday.

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