Baird raised the firm’s price target on Traeger to $3 from $2.50 and keeps a Neutral rating on the shares. The firm said they delivered adj-EBITDA upside with significant GM expansion, and raised the midpoints of its FY24 revenue/adj-EBITDA outlook.
Baird raised the firm’s price target on Traeger to $3 from $2.50 and keeps a Neutral rating on the shares. The firm said they delivered adj-EBITDA upside with significant GM expansion, and raised the midpoints of its FY24 revenue/adj-EBITDA outlook.