Primo Brands (PRMB, Financial) has recently caught the attention of analysts at B of A Securities, who have initiated coverage on the stock with a "Buy" rating. This development was announced on May 28, 2025, signaling a positive outlook for the company.
The analyst behind this coverage, Peter Galbo, has also set a price target of $42.00 USD for Primo Brands (PRMB, Financial). This indicates a strong potential for growth, as no prior price target was reported.
The initiation of coverage by B of A Securities and the "Buy" rating could provide an encouraging sign to investors and market participants interested in Primo Brands (PRMB, Financial). The stock is currently trading on the NYSE, and this latest announcement adds to its visibility in the market.