TD Cowen analyst Robert Moskow raised the firm’s price target on Vital Farms to $37 from $19 and keeps a Hold rating on the shares. The firm said 1Q sales and EBITDA beat consensus and management raised its 2024 guidance above consensus.
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Read More on VITL:
- Vital Farms sees FY24 revenue at least $575M, consensus $560.51M
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- Vital Farms to Report First Quarter 2024 Financial Results on May 9, 2024
- Vital Farms price target raised to $32 from $26 at Lake Street
