Primo Brands Corporation (NYSE:PRMB) is one of the low priced stocks to buy with high growth potential. On Dec. 18, JPMorgan lowered the company’s price target for Primo Brands to $21 from $23, while maintaining an Overweight rating. As part of its 2026 outlook, JPMorgan noted that while the fundamental environment for the beverage, home and personal care sectors remains difficult, the company anticipates improvement as 2025 hurdles are overcome.
Previously, on Nov. 26, Barclays analyst Lauren Lieberman lowered the company’s price target for Primo Brands from $25 to $24, while maintaining an overweight rating on the stock. The firm believes that the current rate of customer attrition and the specific composition of revenue will create more obstacles to direct delivery in 2026 than previous projections suggested.
The same day, Mizuho also lowered Primo Brands’ price target to $28 from $35 with an Outperform rating on the stock. According to Mizuho, ​​Nielsen scanner data covering the period ending November 15 indicates a decline in retail sales volume along with an increase in promotional discounts.
Additionally, Goldman Sachs analyst Bonnie Herzog lowered Primo Brands’ price target to $18 from $21 with a Neutral rating on Nov. 25. The firm expressed concern about emerging challenges for Primo Brands Corporation (NYSE:PRMB) in the coming months and warned that sales may decline faster and for longer than originally anticipated.
Primo Brands Corporation (NYSE:PRMB) operates as a branded beverage company in North America. Distributes to direct-to-consumer, retail, residential, e-commerce, local and commercial channels.
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Disclosure: None. This article was originally published in Internal jumpsuit.