Price T Rowe Associates Adds $310M in Dutch Bros Inc. ($BROS)
Key Points
- Price T Rowe Associates changed its Dutch Bros Inc. ($BROS) stake by 170.2% last quarter, boosting to 7,632,450 shares worth $491.53 million.
- Wall Street's consensus rating on $BROS is Strong Buy and an average price target of $76.65.
- $BROS last traded around $64.40.
Price T Rowe Associates increased its position in Dutch Bros Inc. ($BROS) by 170.2% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,632,450 shares of Dutch Bros Inc. after buying 4,807,904 shares during the quarter. Price T Rowe Associates's holdings in Dutch Bros Inc. were worth $491.53 million as of its most recent filing.
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About Dutch Bros Inc.
Dutch Bros Inc., together with its subsidiaries, operates and franchises drive-thru shops in the United States. The company sells and distributes coffee, coffee-related products, and accessories. It operates through Company-Operated Shops and Franchising and Other segments. The company sells its products under various brands such as Dutch Bros, Dutch Bros Coffee, Dutch Bros Rebel, Dutch Bros, and Blue Rebel. Dutch Bros Inc. was founded in 1992 and is based in Tempe, Arizona.
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