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Freshpet price target lowered to $95 from $120 at Benchmark

Benchmark analyst Todd Brooks lowered the firm’s price target on Freshpet (FRPT) to $95 from $120 and keeps a Buy rating on the shares. Along with earnings, management spoke to “a new planning reality” when thinking out to FY27 of low-to-mid-teens percentage revenue growth, notes the analyst, who has lowered the firm’s target multiple on shares.

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