Piper Sandler raised the firm’s price target on Yeti (YETI) to $43 from $36 and keeps an Overweight rating on the shares after “a decent Q3 print” that saw both sales and EPS upside. Flowing through the sales beat as well as an additional $100M of share repurchases allowed management to raise 2025 guidance, the firm notes.
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Read More on YETI:
- YETI Holdings Reports Modest Sales Growth Amid Challenges
- Yeti Holdings’ Earnings Call: Growth Amid Challenges
- Cautious Hold on Yeti Holdings Amid Mixed Signals and Growth Uncertainties
- Yeti Holdings: Strong Performance and Growth Potential Justify Buy Rating
- Yeti raises FY25 adjusted EPS view to $2.38-$2.49 from $2.34-$2.48
