Beverage Companies Reporting Bullish Analyst Ratings (GOGY, FIZZ, TAP, WBEV, and BROS)

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The beverage industry has outperformed the US market +10.86% vs -2.57% over the past 12 months.   Earnings are forecast to grow 9% on average making the industry one for investors to watch.

Several companies in the industry have received favorable ratings recently and require immediate attention.

– rates Golden Grail Technologies, Inc. (OTCMKTS:GOGY) as a buy, based on several indicators.  Barchart is bullish on GOGY based on several MACD oscillator indicators ranging from popular short term pairings (20-50, 20-100, and 20-200 day) as well as long-term pairings (50-100, 50-150, 50-200, and 100-200 day).  Barchart also ranks GOGY’s long-term moving averages as bullish indicators (100, 150, and 200 day).

Make sure to start researching GOGY.

Golden Grail Beverages (OTCMKTS: GOGY) offers consumers two distinct energy drink brands: Spider Energy and Scorpion HEMP Energy. The company also carries flavored water and sparkling flavored water brands (Cause, Tickle, and Trevi Essence).  

–A firm that provides research tools to investors, Simply Wall St., recently reported National Beverage, Corp. (NASDAQ:FIZZ) is undervalued by 29% based on its analysis model.  Simply Wall St. uses its model to measure the intrinsic value of public companies.

National Beverage Corp. (NASDAQ:FIZZ) is a holding company for various subsidiaries that develop, manufacture, market and distribute a complete portfolio of quality beverage products throughout the United States. Their brands emphasize distinctive flavor variety, including their flagship brands, Shasta(R) and Faygo(R), complete lines of multi-flavored and cola soft drinks.

Molson Coors Beverage (NYSE:TAP) has received a buy rating from three separate analysts, however, is still a hold according to MarketBeat.  Morgan Stanley and TheStreet have upgraded Molson Coors Beverage.

Molson Coors Beverage Company (NYSE:TAP) manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. It offers flavored malt beverages, craft, and ready-to-drink beverages. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020.

–Craig-Hallum Capital Group reiterated its BUY rating and $13 price target for Winc Beverage, Inc. (NYSE:WBEV). Winc is a differentiated platform for growing alcoholic beverages brands, fueled by the joint capabilities of a data-driven brand development strategy paired with a true omnichannel distribution network. Winc’s mission is to become the leading brand builder within the alcoholic beverages industry through an omnichannel growth platform.

–Gordon Haskett recently initiated coverage on Dutch Bros (NYSE:BROS) with ‘Buy’ rating and a $64 price target.  Dutch Bros is an Oregon-based restaurant chain founded back in 1992 that now operates more than 500 locations spread across 12 states, mostly in the western and southern United States.

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