JPMorgan Reaffirms Overweight Rating on Primo Brands (PRMB) as 2026 Outlook Predicts Recovery for Beverage, Personal Care Sectors

Primo Brands Corporation (NYSE:PRMB) is 1 of the low priced stocks to bargain with precocious upside potential. On December 18, JPMorgan lowered the firm’s terms people connected Primo Brands to $21 from $23, portion keeping an Overweight rating. As portion of its 2026 outlook, JPMorgan noted that portion the cardinal situation for the beverages, household, and idiosyncratic attraction sectors remains difficult, the steadfast anticipates an betterment arsenic 2025’s hurdles are surpassed.

Earlier connected November 26, Barclays expert Lauren Lieberman lowered the firm’s terms people connected Primo Brands to $24 from $25, portion maintaining an Overweight standing connected the shares. The steadfast believes that the existent complaint of lawsuit attrition and the circumstantial creation of gross volition make much hurdles for nonstop transportation successful 2026 than earlier projections suggested.

On the aforesaid day, Mizuho besides lowered the terms people connected Primo Brands to $28 from $35 with an Outperform standing connected the shares. According to Mizuho, Nielsen scanner information covering the play ending November 15 indicates a diminution successful retail income measurement alongside an summation successful promotional discounting.

Furthermore, Goldman Sachs expert Bonnie Herzog chopped the terms people connected Primo Brands to $18 from $21 with a Neutral standing connected November 25. The steadfast expressed interest regarding emerging challenges for Primo Brands Corporation (NYSE:PRMB) implicit the coming months and warned that income whitethorn diminution much rapidly and for a longer duration than primitively anticipated.

Primo Brands Corporation (NYSE:PRMB) operates arsenic a branded beverage institution successful North America. It distributes to direct-to-consumer, retail, residential, eCommerce, on-premise, and commercialized channels.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.