Piper Sandler analyst Peter Keith lowered the firm’s price target on Yeti (YETI) to $36 from $38 and keeps an Overweight rating on the shares. The firm cites lower estimates following a relatively solid Q1 print with upside across multiple metrics. For 2025 guidance, the company made a significant reduction due to tariffs, the firm notes.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on YETI:
- Optimistic Growth Outlook for Yeti Holdings Amidst Challenges: Buy Rating Affirmed by Chasen Bender
- YETI Holdings Reports Q1 2025 Earnings Growth Amid Challenges
- YETI Holdings’ Mixed Earnings Call: Growth Amid Challenges
- Strong Q1 Performance and International Growth Drive Buy Rating for Yeti Holdings
- Yeti cuts FY25 adjusted EPS view to $1.96-$2.02 from $2.90-$2.95