BellRing Brands Inc. (NYSE: BRBR) Stock Update

Core Insights - BellRing Brands Inc. (NYSE: BRBR) is recognized for its nutritional products, including protein shakes and bars, and operates in the consumer goods sector [1] - Barclays adjusted its rating for BRBR to "Overweight" while revising its price target from $75 to $50 [3][5] - The stock price of BRBR was $26.26 at the time of the rating adjustment, reflecting a 2.50% increase [5] Trading Activity - Options trading for BRBR saw a notable increase, with 11,860 put options acquired, representing a 274% rise from the average volume of 3,175 put options, indicating hedging against potential downside risks [2][5] - The stock's price fluctuated between $22.45 and $26.34, with a market capitalization of approximately $3.31 billion [2] Analyst Ratings - Analyst opinions on BRBR have been mixed, with Barclays lowering its target price, while Sanford C. Bernstein initiated coverage with an "outperform" rating and a $46 price objective [3] - Jefferies Financial Group raised their target price from $80 to $82, maintaining a "buy" rating, while TD Cowen reduced their price target from $45 to $37 [3] Stock Performance - BRBR's stock has shown significant volatility, with a 52-week high of $80.67 and a low of $22.45 [4] - The trading volume reached 12.97 million shares on the NYSE, indicating strong investor interest despite mixed analyst ratings [4]