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Stock impact report

These Food and Drink Stocks Could See Double-Digit Growth, Says Wells Fargo [Yahoo! Finance]

Dutch Bros Inc. (BROS) 
Company Research Source: Yahoo! Finance
The analysts said they believe Dutch Bros has a “disruptive strategy” and could be poised for “durable growth.” They said Wingstop's stock also has room to rise as the chain expands and gains market share. Wells Fargo kicked off coverage of two quick-service food and drink chains, Dutch Bros and Wingstop, with "buy" ratings Wednesday. Dutch Bros ( BROS ), a cafe chain known for its drive-throughs, has a “disruptive strategy” and could be poised for “durable growth,” Wells Fargo analysts said. They gave the stock an $80 price target —slightly below the roughly $83 consensus target compiled by Visible Alpha and 14% above where the shares closed Tuesday. Wells Fargo analysts are among several research teams that assessed Dutch Bros ahead of Read more
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