Vital Farms price target lowered to $50 from $60 at BMO Capital

BMO Capital analyst Benjamin Mayhew lowered the firm’s price target on Vital Farms (VITL) to $50 from $60 and keeps an Outperform rating on the shares after attending the company’s Investor Day. The firm cites the company’s FY25 outlook being revised lower, but while the reduced guidance is disappointing, the cut reflects temporary disruption that Vital already has worked through as evidenced by in-line 2026 outlook, the analyst tells investors in a research note. Given the company’s achievable low-20% long-term revenue CAGR, the stock remains highly attractive at current valuation, BMO added.