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Vital Farms price target raised to $52 from $51 at DA Davidson

DA Davidson raised the firm’s price target on Vital Farms (VITL) to $52 from $51 and keeps a Buy rating on the shares after its Q2 earnings beat. The setup for the stock remains compelling heading into the second half of the year amid relatively high visibility into results coming to fruition, with supply / capacity constraints and related inventory tightness also abating, the analyst tells investors in a research note.

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