Melius Research Initiates Coverage on Dutch Bros (BROS) with Buy Rating

Dutch Bros Inc. (NYSE:BROS) is one of the high growth stocks outside tech analysts are bullish on. Dutch Bros Inc. (NYSE:BROS) received a boost on Monday after Melius Research began coverage of the coffee chain with a Buy rating and a price target of $95. The stock was trading at $58.29 at the time of the announcement, suggesting a potential upside of over 60%.

Melius Research Initiates Coverage on Dutch Bros (BROS) with Buy Rating

Melius praised Dutch Bros for its strong brand, rapid expansion strategy, and loyal customer base. Analysts noted the company’s focus on drive-thru service and unique drink offerings as key strengths that help it stand out in a crowded market. “Dutch Bros is positioned to become a major national player,” Melius wrote in a note to investors.

At the current price, analysts see the stock as an attractive long-term growth opportunity. They highlighted that Dutch Bros is still in the early stages of expansion, especially outside the West Coast. The company’s growth model, which mixes company-owned and franchised locations, allows it to scale while maintaining quality.

Dutch Bros is a fast-growing drive-thru coffee chain known for its energetic culture and wide variety of drinks.

While we acknowledge the risk and potential of BROS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than BROS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.