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Yeti Q3 setup looks ‘favorable,’ says Jefferies

Jefferies recently hosted a fireside chat with Yeti (YETI) management and came away “encouraged” for an FY26 acceleration, supported by new launches and operating leverage, the analyst tells investors. The analyst, who argues that web traffic growth in August remaining strong following July’s inflection signals that Q3 performance “could surprise to the upside,” would “remain aggressive buyers of shares at current levels.” The firm keeps a Buy rating and $53 price target on Yeti shares.

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