Yeti price target lowered to $30 from $32 at Roth Capital

Roth Capital lowered the firm’s price target on Yeti (YETI) to $30 from $32 and keeps a Neutral rating on the shares. The stock saw a modest relief rally after the company reported a decent Q1 while cutting its outlook in response to tariff headwinds but gave back most of the near-term gain on Friday, suggesting that there isn’t yet a clear view from investors on Yeti’s demand trajectory, the analyst tells investors in a research note. Roth adds it is still in that camp as well pending better visibility into sustained growth and margin expansion.