A major food store has begun rationing toilet paper and hand wipes it is starting again...
2nd Wave Edition!
Fear is in the streets. Positivity rates are doubling it is only a matter of time before Van is locked down, holed up in his bomb shelter with a couple hundred bags of UTZ...
NOW ON UTZ!
Utz +3% after Piper Sandler points to salty portfolio strength
Nov. 13, 2020 8:17 AM ET|About: Utz Brands, Inc. (UTZ)|By: Clark Schultz, SA News Editor
Utz Brands (NYSE:UTZ) is on watch after Piper Sandler upgrades the snack food stock to an Overweight rating after having it slotted at Neutral on what it calls a long runway of growth upside.
Analyst Michael Lavery: "We believe Utz has an attractive portfolio as it is focused in salty snacks, a category that has had 4-5% average growth over the past three years. We believe its announced acquisition of On The Border adds scale in tortilla chips, filling a void in its portfolio."
Utz Brands isn't widely covered on Wall Street, but six of seven firms with a rating are in the bull camp.
Shares of Utz are up 3.30% premarket to $18.80 vs. the 52-week trading range of $9.84 to $19.16.
.. And up a $1 yesterday..... Can Campbells soup be far behind??
2nd Wave Edition!
Fear is in the streets. Positivity rates are doubling it is only a matter of time before Van is locked down, holed up in his bomb shelter with a couple hundred bags of UTZ...
NOW ON UTZ!
Utz +3% after Piper Sandler points to salty portfolio strength
Nov. 13, 2020 8:17 AM ET|About: Utz Brands, Inc. (UTZ)|By: Clark Schultz, SA News Editor
Utz Brands (NYSE:UTZ) is on watch after Piper Sandler upgrades the snack food stock to an Overweight rating after having it slotted at Neutral on what it calls a long runway of growth upside.
Analyst Michael Lavery: "We believe Utz has an attractive portfolio as it is focused in salty snacks, a category that has had 4-5% average growth over the past three years. We believe its announced acquisition of On The Border adds scale in tortilla chips, filling a void in its portfolio."
Utz Brands isn't widely covered on Wall Street, but six of seven firms with a rating are in the bull camp.
Shares of Utz are up 3.30% premarket to $18.80 vs. the 52-week trading range of $9.84 to $19.16.
.. And up a $1 yesterday..... Can Campbells soup be far behind??

