Primo Brands Class Action Launched, Compensation Deadline Set for January 12, 2026
Written by Emily J. Thompson, Senior Investment Analyst
Source: Globenewswire
Updated: 1 hour ago
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Source: Globenewswire
- Class Action Notice: Rosen Law Firm reminds investors who purchased Primo Water (NYSE: PRMW) stock between June 17, 2024, and November 8, 2024, and those who bought Primo Brands (NYSE: PRMB) stock between November 11, 2024, and November 6, 2025, to apply as lead plaintiffs by January 12, 2026, to potentially receive compensation without any out-of-pocket costs.
- Lawsuit Background: The lawsuit alleges that Primo Brands, formed after the November 8, 2024 merger with BlueTriton Brands, failed to disclose key facts about the merger's progress, misleading investors into believing it would accelerate growth and operational efficiencies, ultimately leading to investor losses.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has recovered over $438 million for investors in 2019 alone, being ranked first in 2017 for the number of securities class action settlements, showcasing its strong capabilities in this field.
- Investor Advice: Investors are advised to carefully select qualified counsel with a proven track record to ensure effective representation in the class action, avoiding firms that merely act as intermediaries without actual litigation experience.
PRMB.N$0.0000%Past 6 months

No Data
Analyst Views on PRMB
Wall Street analysts forecast PRMB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PRMB is 26.10 USD with a low forecast of 18.00 USD and a high forecast of 39.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast PRMB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PRMB is 26.10 USD with a low forecast of 18.00 USD and a high forecast of 39.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 16.240

Current: 16.240

Outperform -> NULL
downgrade
$35 -> $28
Reason
Mizuho lowered the firm's price target on Primo Brands to $28 from $35 and keeps an Outperform rating on the shares. The firm says Nielsen scanner data through November 15 reflected soft retail volumes and larger discounts.
Overweight
downgrade
$25 -> $24
Reason
Barclays analyst Lauren Lieberman lowered the firm's price target on Primo Brands to $24 from $25 and keeps an Overweight rating on the shares. The firm sees the company's customer exit rate and revenue mix presenting a bigger challenge to direct delivery in 2026 than previously assumed.
Goldman Sachs
Bonnie Herzog
Neutral
downgrade
$21 -> $18
Reason
Goldman Sachs
Bonnie Herzog
Goldman Sachs analyst Bonnie Herzog lowered the firm's price target on Primo Brands to $18 from $21 and keeps a Neutral rating on the shares. Goldman sees incremental headwinds over the next several months for Primo Brands, and the firm is concerned that the sales declines will be faster and more prolonged than expected, the analyst tells investors in a research note.
downgrade
$35 -> $27
Reason
TD Securities lowered the firm's price target on Primo Brands to $27 from $35 and keeps a Buy rating on the shares. The firm says the company's new CEO "ripped off the guidance band-aid," which should mark the bottom for the shares. Primo's demand trends are "healthy" and it is taking share, the analyst tells investors in a research note.
About PRMB
Primo Brands Corporation is a beverage company with a focus on healthy hydration, delivering responsibly and domestically sourced diversified offerings across products, formats, channels, price points, and consumer occasions, distributed in every state and Canada. It has a portfolio of packaged branded beverages distributed across more than 200,000 retail outlets, including brands Poland Spring and Pure Life, premium brands like Saratoga and Mountain Valley, regional brands, such as Arrowhead, Deer Park, Ice Mountain, Ozarka, and Zephyrhills, purified brands including Primo Water and Sparkletts, and flavored and enhanced brands like AC+ION and Splash Refresher. These brands are sold directly across retail channels, including mass food, convenience, natural, drug, wholesale, distributor and home improvement, as well as food service accounts in North America. Its products consist of spring and sparkling water, purified water, self-service refill drinking water, and water dispensers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.