YETI Holdings shares are trading lower after Exane BNP Paribas downgraded the stock from Outperform to Neutral and announced a $42 price target.
Portfolio Pulse from Benzinga Newsdesk
YETI Holdings' stock has been downgraded from Outperform to Neutral by Exane BNP Paribas, with a new price target set at $42. This has resulted in a decrease in the trading price of YETI shares.
October 05, 2023 | 4:28 pm
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YETI Holdings' stock has been downgraded by Exane BNP Paribas, leading to a decrease in its share price. The new price target is $42.
The downgrade of YETI Holdings by Exane BNP Paribas from Outperform to Neutral indicates a less optimistic outlook for the company's stock. This has led to a decrease in the trading price of YETI shares. The new price target of $42 also suggests a potential downside, further impacting the stock negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100