Roth MKM analyst Matt Koranda lowered the firm’s price target on Yeti (YETI) to $41 from $43 and keeps a Neutral rating on the shares. The company delivered in line sales and EPS modestly ahead of consensus, but its guidance for 2025 was a touch light despite including a 53rd week, while the second-half weighting “may keep skeptics sidelined”, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on YETI:
- Yeti price target lowered to $50 from $55 at Baird
- Cautious Outlook on Yeti Holdings Amid Competitive Pressures and Growth Uncertainty
- Yeti price target lowered to $42 from $44 at Canaccord
- YETI Holdings Reports Strong FY2024 Earnings Growth
- YETI Holdings Earnings Call: Growth and Innovation Amid Challenges