Why are Hedge Funds Keen on Primo Brands (PRMB)
Yahoo Finance·2026-01-15 16:13

Primo Brands Corporation (NYSE:PRMB) is one of the most promising mid-cap consumer staples stocks under 100.OnJanuary8,MizuhoreaffirmeditsOutperformratingonPrimoBrandsCorporation(NYSE:PRMB).Thefirmalsoloweredthetargetpriceforthestockfrom100. On January 8, Mizuho reaffirmed its Outperform rating on Primo Brands Corporation (NYSE:PRMB). The firm also lowered the target price for the stock from 28 to $24 as part of their broader revisions across the food production businesses in line with the 2026 outlook. It cited macroeconomic uncertainties and fundamental weakness across businesses as primary factors that will continue to take a toll ...

Why are Hedge Funds Keen on Primo Brands (PRMB) - Reportify