Morgan Stanley lowered the firm’s price target on Traeger (COOK) to $2.50 from $3 and keeps an Underweight rating on the shares. Q4 results came in ahead of expectations both on the top and bottom-line, but tariff risk remains an overhang, the analyst tells investors in a post-earnings note.
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Read More on COOK:
- Traeger price target lowered to $2.50 from $3.50 at Baird
- 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