Citigroup Maintains Neutral on Freshpet, Raises Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jonmichael Shekian maintains a Neutral rating on Freshpet (NASDAQ:FRPT) and raises the price target from $71 to $83.
August 09, 2023 | 4:42 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Freshpet and raises the price target from $71 to $83, which could potentially influence the stock's performance.
The raised price target by Citigroup indicates a positive outlook for Freshpet. However, the maintained Neutral rating suggests that the stock is fairly valued at current levels. This could lead to a neutral impact on the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100