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Telsey Advisory Group analyst Sarang Vora maintains Westrock Coffee (NASDAQ:WEST) with a Outperform and raises the price target from $9 to $10.
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Westrock Coffee (NASDAQ:WEST) released second-quarter financial results and hosted an earnings call on Thursday. Read the complete transcript below. This transcript is brought to you by Benzinga APIs. For real-time
Vita Coco Company shares rose 5.8% to $55.03 on strong volume, driven by robust demand for its coconut water brand, rising household penetration, and healthy category growth. The company expects Q earnings of $0.51 per share (+27.5% YoY) and revenues of $233.73 million (+28.2% YoY). However, with no change in consensus EPS estimates over the past 30 days, sustained momentum may depend on continued execution and earnings estimate revisions.
Telsey Advisory Group analyst Sarang Vora maintains Westrock Coffee (NASDAQ:WEST) with a Outperform and raises the price target from $10 to $11.