Primo Brands Corporation (NYSE: PRMB) is deemed one of the best falling stocks to buy by Wall Street analysts, with Barclays maintaining a Buy rating and a $24 price target. The board approved a $50 million increase to the share repurchase program, totaling $300 million, already having repurchased 4.4 million shares.
Wall Street analysts remain bullish on Primo Brands, with RBC Capital and JPMorgan reiterating Buy ratings and setting price targets of $37 and $23, respectively. PRMB is a North American branded beverage company specializing in healthy hydration, offering a variety of products from national and regional brands.
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Read more at Yahoo Finance: Primo Brands (PRMB) Earns Strong Wall Street Support Amid Expanded $300 Million Buyback Plan
