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Stock analysts at Lake Street Capital started coverage on shares of Primo Water (NASDAQ:PRMW) in a report issued on Wednesday. The firm set a “buy” rating and a $6.50 price target on the stock. Lake Street Capital’s target price would indicate a potential upside of 43.49% from the company’s current price.

Primo Water (NASDAQ:PRMW) traded up 0.11% on Wednesday, hitting $4.535. 6,663 shares of the company’s stock traded hands. Primo Water has a 52 week low of $2.17 and a 52 week high of $5.00. The stock’s 50-day moving average is $4.65 and its 200-day moving average is $4.17. The company’s market cap is $110.9 million.

Primo Water Corporation is a provider of three- and five-gallon purified bottled water and water dispensers sold through retailers.

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