Utz Brands Reports Record Second Quarter Net Sales

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Utz Brands (UTZ) Downgraded by Goldman Sachs on Lack of Upside Potential

August 12, 2022 10:57 AM EDT

Shares of Utz Brands (NYSE: UTZ) were downgraded to Neutral from Buy by Goldman Sachs analyst Jason English, with the price target raised to $21 per share from $16.

The downgrade is on the back of Utzs earnings results, which saw its earnings and revenue... More

Goldman Sachs Downgrades Utz Brands (UTZ) to Neutral Citing 'Strong momentum now balanced by premium valuation'

August 11, 2022 4:12 PM EDT

Goldman Sachs analyst Jason English downgraded Utz Brands (NYSE: UTZ) from Buy to Neutral with a price target of $21.00 (from $16.00).

The analyst comments "Utz's results were solid. Management continues to execute well both behind its core business and recent acquisitions to drive a consistent... More

Utz Brands (UTZ) Tops Q2 EPS by 2c

August 11, 2022 6:36 AM EDT

Utz Brands (NYSE: UTZ) reported Q2 EPS of $0.13, $0.02 better than the analyst estimate of $0.11. Revenue for the quarter came in at $350.1 million versus the consensus estimate of $335.43 million.

For earnings history and earnings-related data on Utz Brands (UTZ) click here.

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