Yeti price target lowered to $32 from $41 at Roth Capital

Roth Capital lowered the firm’s price target on Yeti (YETI) to $32 from $41 and keeps a Neutral rating on the shares. The stock has declined 25% from its high on concerns around an eroding consumer and intensifying tariff headwinds, especially since Liberation Day, and these two themes will be front and center when the company releases Q1 results this week, the analyst tells investors in a research note. The management needs to clearly quantify tariff headwinds while demonstrating the impacts are offsetable through a combination of vendor negotiations, pricing action, and re-sourcing, Roth adds.