Barfresh Food Group (OTCMKTS:BRFH) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Friday.
According to Zacks, “Barfresh Food Group, Inc. is a developer, manufacturer and distributer of ready-to-blend beverages, including smoothies, shakes and frappes. The Company primarily provides its products to restaurant chains in the fast food and fast casual dining sector. It offers portion controlled ready to blend beverage ingredient packs for smoothies, shakes, and frappes, as well as for cocktails and mocktails. Barfresh Food Group, Inc. is based in Denver, Colorado. “
A number of other research analysts also recently commented on the company. ValuEngine raised Barfresh Food Group from a “sell” rating to a “hold” rating in a report on Wednesday. Maxim Group reissued a “buy” rating and issued a $1.50 price target on shares of Barfresh Food Group in a report on Thursday, March 8th.
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Barfresh Food Group Company Profile
Barfresh Food Group, Inc creates, manufactures, and distributes ready to blend frozen beverages in the United States. It offers portion controlled and ready to blend beverage ingredient packs for smoothies, shakes, and frappes, as well as cocktails and mocktails. The company was founded in 2009 and is headquartered in Beverly Hills, California.
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