Yeti price target raised to $54 from $47 at Citi

Citi analyst Chasen Bender raised the firm’s price target on Yeti to $54 from $47 and keeps a Buy rating on the shares pos the Q2 beat. The company has seen some select softness in consumer demand, but management continues to feel good about customer acquisition and retention trends across direct-to-consumer channels with positive wholesale sell-through excluding product recalls, the analyst tells investors in a research note.