Primo Brands Corporation (NYSE:PRMB) saw Morgan Stanley lower its price target to $35 from $38 with an Overweight rating after Q2 earnings. Net sales declined 2.5% due to missed deliveries, a tornado, and tariff uncertainties. Premium water segment sales rose by 44.2%, driven by expanded distribution and post-merger closures of 40 facilities in Q2.

Primo Brands is a North American beverage company offering water solutions like dispensers, refillable bottles, exchange programs, and filtration appliances. Despite potential as an investment, AI stocks may offer greater upside with less downside risk. Check out a report on the best short-term AI stock for more insights.

Read more at Yahoo Finance: Morgan Stanley Lowers Primo Brands (PRMB) PT to $35 After Q2 2025 Earnings Report