Truist Securities Upgrades Freshpet to Buy, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Bill Chappell upgraded Freshpet (NASDAQ:FRPT) from Hold to Buy and increased the price target from $120 to $135.
March 11, 2024 | 12:05 pm
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POSITIVE IMPACT
Truist Securities upgraded Freshpet from Hold to Buy and raised the price target from $120 to $135.
The upgrade from Hold to Buy by Truist Securities, accompanied by a significant increase in the price target, suggests a strong bullish outlook for Freshpet. This is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100