Utz Brands (UTZ) to Introduce Long-Term Growth Strategy

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Utz Brands (UTZ) shares rally as investor day prompts positive response from analysts

December 18, 2023 2:27 PM EST

Utz Brands (NYSE: UTZ) shares rallied Monday, climbing more than 6% after the company held its investor day last week, prompting a positive reaction from analysts.

RBC Capital, which has an Outperform rating on the stock, upped its price target for UTZ to $19 from $17 per share in a note, stating that the analyst day exceeded their bullish expectations.... More