Jefferies Increases Price Target on Primo Brands (PRMB)
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 Brands Corp. (NYSE:PRMB) will likely benefit from net additions anticipated to return to growth in the second quarter and new capacity coming online.
Primo Brands Corp. (NYSE:PRMB) is a branded beverage company with products distributed in the U.S. and Canada. The company also provides water filtration units for home and business consumers across North America.
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