JPMorgan analyst Thomas Palmer raised the firm’s price target on Freshpet (FRPT) to $80 from $70 and keeps a Neutral rating on the shares. The company reported a Q4 EBITDA beat but its 2026 EBITDA outlook was below consensus, mainly on higher spending, the analyst tells investors in a research note. The firm, however, is encouraged by Freshpet’s continued retailer support and its continued confidence in reaching 20%-22% EBITDA margin in 2027.
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