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Stifel Nicolaus Sticks to Their Buy Rating for Westrock Coffee (WEST)

In a report released yesterday, Christopher Growe from Stifel Nicolaus maintained a Buy rating on Westrock Coffee (WESTResearch Report), with a price target of $14.00. The company’s shares closed yesterday at $13.01.

According to TipRanks, Growe is a 4-star analyst with an average return of 8.1% and a 66.15% success rate. Growe covers the Consumer Goods sector, focusing on stocks such as The Hershey Company, Altria Group, and Campbell Soup.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Westrock Coffee with a $13.00 average price target.

See the top stocks recommended by analysts >>

The company has a one-year high of $14.71 and a one-year low of $9.34. Currently, Westrock Coffee has an average volume of 156K.

Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WEST in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Riverview Acquisition Corp is a blank check company.

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