BellRing Brands, Inc. (NYSE: BRBR) had its price target reduced to $23 from $26 by UBS, maintaining a “Neutral” rating. The company exceeded Q1 2026 guidance, with net sales of $537.3 million and operating profit of $78.5 million. TD Cowen also lowered its price target to $24 from $27 due to reduced 2026 guidance.

BellRing Brands, Inc. (NYSE: BRBR) experienced a 0.8% increase in net sales YoY, reaching $537.3 million, driven by 0.7% volume growth. Operating profit declined to $78.5 million due to reduced gross margins. TD Cowen reduced its price target to $24 from $27, citing shake category promotional frequency and increased whey costs as factors.

BellRing Brands, Inc. (NYSE: BRBR) specializes in nutrition products and is a rapidly growing consumer brands business with a focus on proactive wellness. The company offers a variety of nutrition products to consumers.

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Read more at Yahoo Finance: UBS Lowers PT on BellRing Brands (BRBR) Stock, Maintains Neutral