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Yeti price target raised to $54 from $43 at Piper Sandler

Piper Sandler analyst Peter Keith raised the firm’s price target on Yeti (YETI) to $54 from $43 and keeps an Overweight rating on the shares ahead of quarterly results. While U.S. Drinkware has pressured total Yeti sales for the last several quarters, the segment appears to finally be getting past the strong double digit growth year-over-year sales in Q4.

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