Mizuho Touts BellRing Brands Inc. (BRBR) as a Top Food Stock as Bank of America Hikes Price Target

Bellring Brands Inc. (NYSE:BRBR) is one of the best cheap stocks that will skyrocket. On January 13, Mizuho touted Bellring Brands Inc. (NYSE:BRBR) as one of its top food stocks for 2026. The research firm expects the company to navigate current headwinds characterized by pressured consumer sentiment.

Even though the company faces regulatory challenges and SNAP funding reductions, Mizuho expects the company to benefit from what it describes as extreme bearishness in the stock. The research firm expects competitive challenges to be less impactful than feared, resulting in a favorable risk/reward profile.

Bank of America has already increased its price target of the stock to $32 from $28 while reiterating a Neutral rating. The cautious outlook comes amid concerns about the consumer staples sector’s prospects for 2026. Despite the challenging macro environment, the company has already approved a $600 million share buyback program to return value to shareholders.

BellRing Brands Inc. (NYSE:BRBR) is a leading company in the convenient nutrition market, specializing in protein-focused products like ready-to-drink shakes, powders, and nutrition bars under popular brands such as Premier Protein, Dymatize, and PowerBar, available globally through various channels to support active lifestyles and health goals.

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Disclosure: None. This article is originally published at Insider Monkey.