Utz Brands (UTZ) Tops Q2 EPS by 2c

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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