Canaccord analyst Brian McNamara lowered the firm’s price target on Yeti (YETI) to $35 from $42 and keeps a Hold rating on the shares. The firm lowered estimates given tariff impacts but also due to unrelenting competitive threats in drinkware.
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Read More on YETI:
- Yeti Holdings: Hold Rating Amid Strategic Shifts and Near-Term Uncertainties
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- Yeti enters cooperation agreement with Engaged Capital, increases board size
- Yeti Holdings: Balancing Innovation and Market Challenges with a Hold Rating
- Yeti price target lowered to $38 from $44 at TD Cowen
