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Fly News Breaks for November 11, 2019
BRBR
Nov 11, 2019 | 06:43 EDT
BofA/Merrill analyst Bryan Spillane initiated coverage of BellRing Brands with a Neutral rating and $19 price target. The analyst expects the company to benefit from the strong consumer and retailer interest in Premier Protein as it sells "convenient nutrition products" for everyday use, but also has reservations about its "highly concentrated portfolio" and the risk of competition.
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