Westrock Coffee is building a new facility specializing in coffee-based ready-to-drink (RTD) beverages. Analyst initiates coverage with a Buy rating and $10 price target.
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When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
