Morgan Stanley Maintains Overweight Rating On Dutch Bros (BROS) Following 2026 Sector Outlook Note

Group 1 - Dutch Bros Inc. is projected to double by 2030, with Morgan Stanley lowering its price target to $82 from $84 while maintaining an Overweight rating [1] - TD Cowen approved Dutch Bros' acquisition of Clutch Coffee, enhancing its presence in the Southeast and accelerating regional expansion, with a Buy rating and a price target of $73 [2] - Barclays raised the price target for Dutch Bros to $76 from $72, maintaining an Overweight rating, while noting ongoing sales difficulties in the industry [3] Group 2 - Dutch Bros operates and franchises drive-thru coffee shops in the US through various segments including Company-Operated Shops and Franchising [4]