Primo Brands Shares Still Undervalued Even After Q2 Revenue Beat, RBC Says
RBC said Primo Brands shares remain undervalued after the company beat Q2 revenue. RBC adjusted its price target to $31 from $28 and kept an Outperform rating, citing valuation and other factors. Primo Brands shares closed at $23.57 on Aug. 7, down 1.42% on the day.

