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RBC Capital Stays Cautious on Primo Brands (PRMB) Due to Slow Volume Recovery Concerns Post-Q3 Earnings.
Yahoo Finance· 2025-11-25 21:07
Primo Brands Corporation (NYSE:PRMB) is one of the most undervalued NYSE stocks to buy right now. On November 7, RBC Capital analyst Nik Modi lowered the firm’s price target on Primo Brands to $30 from $37, while maintaining an Outperform rating on the shares. This sentiment was posted after the company released its Q3 2025 earnings results. RBC Capital acknowledged that the company overcame its delivery issues but also warned investors that a slow pace of volume recovery will hurt near-term figures and va ...