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Stock impact report

Jefferies Increases Price Target on Primo Brands (PRMB) [Yahoo! Finance]

Primo Brands Corporation Class A (PRMB) 
Company Research Source: Yahoo! Finance
Primo Brands Corp. (NYSE :PRMB is among the 10 most undervalued stocks to buy and hold for 10 years . On February 27, Jefferies raised its price target on Primo Brands Corp. (NYSE:PRMB) to $24 from $20 while maintaining a Hold rating. This price rating change followed Primo Brands Corp. (NYSE:PRMB)'s fourth quarter report on February 26, in which the company reported a 2.5% decline in net sales to $1.554 billion, as well as a significant increase in premium brand sales and adjusted EBITDA, driven by a strategic focus on premium brands and operational improvements. The firm noted that the company's fourth-quarter results exceeded expectations, even as its Direct Delivery segment declined 5.3% during the quarter. In its note, Jefferies projected that Primo Brands Corp. (NYSE:PRMB) will face challenges during the first half of 2026, including a difficult comparison period, customer losses cycling through, and additional reinvestment. Meanwhile, during the second half of 2026, Primo Br Show less Read more
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