Vital Farms price target raised to $25 from $21 at DA Davidson

DA Davidson raised the firm’s price target on Vital Farms to $25 from $21 and keeps a Buy rating on the shares after its Q4 earnings beat. The company’s accelerated consumption is less about avian influenza and more about fundamentals, as industry supply appears stable, the analyst tells investors in a research note. Vital’s increased processing capacity is also supportive of expanded distribution breadth & depth, the firm added.