Baird analyst Peter Benedict lowered the firm’s price target on Traeger (COOK) to $2.50 from $3.50 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results which was a good finish to the year but tariff fluidity clouds its outlook.
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Read More on COOK:
- Traeger price target lowered to $2.50 from $3.75 at Piper Sandler
- Traeger price target lowered to $5 from $7 at Canaccord
- Traeger’s Hold Rating Amid Demand Challenges and Tariff Risks
- Traeger downgraded to Market Perform from Outperform at Telsey Advisory
- Traeger, Inc. Reports Strong Q4 and FY 2024 Results