Dutch Bros (BROS) is the subject of Wednesday’s Under 30 stock. In this segment, Jenny Horne and Alex Coffey discuss the drive thru coffee chain which J.P. Morgan upgraded on Wednesday taking the restaurant stock to an Overweight rating after having it lined up at Neutral. The market reacted strongly to the upgrade and George Tsilis joins the conversation to discuss possible reasons why. Shares of (BROS) were trading ~$31/share Wednesday afternoon or up ~5.6% on the session.
12 Oct 2022