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Yeti price target raised to $50 from $45 at BofA

BofA analyst Robert Ohmes raised the firm’s price target on Yeti to $50 from $45 and keeps a Neutral rating on the shares. The firm raises its F23 EPS estimate to $2.30 from $2.20 after the company’s Q2 report, but believes Yeti could see continued pressure in a difficult macro environment, especially as the U.S. and Canada were “softer” in Q2.

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