Roth Capital lowered the firm’s price target on Yeti (YETI) to $30 from $32 and keeps a Neutral rating on the shares. The stock saw a modest relief rally after the company reported a decent Q1 while cutting its outlook in response to tariff headwinds but gave back most of the near-term gain on Friday, suggesting that there isn’t yet a clear view from investors on Yeti’s demand trajectory, the analyst tells investors in a research note. Roth adds it is still in that camp as well pending better visibility into sustained growth and margin expansion.
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Read More on YETI:
- Yeti price target lowered to $32 from $40 at B. Riley
- Yeti price target lowered to $34 from $50 at Raymond James
- Yeti price target lowered to $31 from $34 at Stifel
- Yeti price target lowered to $36 from $38 at Piper Sandler
- Optimistic Growth Outlook for Yeti Holdings Amidst Challenges: Buy Rating Affirmed by Chasen Bender