Jefferies Maintains Buy on PetIQ, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Kaumil Gajrawala maintains a Buy rating on PetIQ (NASDAQ:PETQ) and raises the price target from $24 to $28.

March 19, 2024 | 12:34 pm
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Jefferies analyst Kaumil Gajrawala maintains a Buy rating on PetIQ and raises the price target from $24 to $28.
The upgrade in the price target by a reputable analyst like Kaumil Gajrawala from Jefferies is a strong positive signal for PetIQ. It suggests a bullish outlook on the stock's future performance, likely due to anticipated growth, operational improvements, or market conditions favoring PetIQ. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100