Freshpet price target raised to $101 from $98 at DA Davidson

DA Davidson raised the firm’s price target on Freshpet (FRPT) to $101 from $98 and keeps a Buy rating on the shares. The firm believes that the company can deliver above the high end of its FY26 net sales guidance range. The category appears to be at worst stable, and Freshpet market share is accelerating, attributable at least in part to improving value proposition, the analyst tells investors in a research note, adding that “competition has yet to materialize”.