BMO Stays Bullish on Primo Brands Corporation (PRMB) Despite Near-Term Estimate Reset

We recently published an article titled 10 High Growth Food Stocks To Buy.  BMO Capital analyst Andrew Strelzik lowered the firm’s price target on Primo Brands Corporation (NYSE:PRMB) to $35 from $39 but reiterated an Outperform rating on the shares on January 23. The firm is moderating its Q4 and 2026 expectations to reflect continued business stabilization investments in the first half of the year and a slower-than-expected recovery in the customer direct segment. Despite the near-term adjustment, BMO m ...