Primo Brands Corporation (NYSE: PRMB) saw BMO Capital analyst Andrew Strelzik lower the price target to $35 from $39, citing continued business stabilization investments and a slower-than-expected recovery in the customer direct segment. Despite adjustments, BMO remains positive on the company’s improving trajectory. Operations in Q3 2025 showed strong performance, with premium net sales up over 44% year over year. The company announced a board transition with the appointment of former CJ Foods CEO Minsok Pak as a director. Primo Brands Corporation is a leading North American branded beverage company formed through a merger in November 2024. While PRMB has investment potential, certain AI stocks may offer greater upside potential and less downside risk. For an undervalued AI stock with potential benefits from Trump-era tariffs and onshoring trends, see our free report on the best short-term AI stock.

Read more at Yahoo Finance: BMO Stays Bullish on Primo Brands Corporation (PRMB) Despite Near-Term Estimate Reset