B. Riley analyst Anna Glaessgen lowered the firm’s price target on Yeti (YETI) to $32 from $40 and keeps a Neutral rating on the shares. Yeti reported Q1 results ahead of expectations, with strong performances in Coolers & Equipment more than offsetting pressure in Drinkware, the analyst tells investors in a research note. The reduced outlook embeds the current 145% Chinese tariff and assumes the reciprocal tariff pause extends through year-end, the firm says.
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