Bottled and sparkling water
Search documents
Primo Brands (PRMB) Earns Strong Wall Street Support Amid Expanded $300 Million Buyback Plan
Yahoo Finance· 2025-12-04 04:31
Group 1 - Primo Brands Corporation (NYSE:PRMB) is considered a strong investment opportunity by Wall Street analysts, with Barclays maintaining a Buy rating and a price target of $24 [1] - The company has expanded its share repurchase program by $50 million, bringing the total authorization to $300 million, having already repurchased 4.4 million shares for $97.7 million [2] - Analysts from RBC Capital and JPMorgan have also reiterated Buy ratings on the stock, with price targets of $37 and $23 respectively, indicating strong confidence in the company's future prospects [3] Group 2 - Primo Brands is a North American branded beverage company that focuses on healthy hydration, offering a variety of products including bottled and sparkling water from well-known brands like Poland Spring, Arrowhead, and Deer Park [4]