Raymond James Maintains Outperform on YETI Holdings, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Joseph Altobello maintains an Outperform rating on YETI Holdings (NYSE:YETI) but lowers the price target from $55 to $48.

February 16, 2024 | 3:42 pm
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Raymond James maintains an Outperform rating on YETI Holdings but lowers the price target from $55 to $48.
While the maintenance of an Outperform rating suggests continued confidence in YETI Holdings' potential, the reduction in the price target could indicate concerns about near-term growth prospects or market conditions. This mixed signal might lead to short-term uncertainty among investors, potentially stabilizing the stock price as the market digests the implications.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100