Canaccord analyst Brian McNamara lowered the firm’s price target on Yeti to $54 from $58 and keeps a Buy rating on the shares. The analyst said its Q4 results and 2023 guidance that were both heavily influenced by product recalls, which is unwelcome news, but temporary.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on YETI: