Analyst Scoreboard: 6 Ratings For Vital Farms
Portfolio Pulse from Benzinga Insights
Vital Farms (NASDAQ:VITL) received mixed analyst ratings over the past three months, with 4 bullish and 2 indifferent ratings. The average 12-month price target for VITL has been raised to $21.00, up 17.78% from the previous $17.83, with a high estimate of $26.00 and a low of $16.00. Analysts from firms including TD Cowen, DA Davidson, Lake Street, Stifel, and Goldman Sachs have raised their price targets, reflecting a positive outlook on the company's performance. Vital Farms, an ethical food company, has shown strong financial health with a 23.37% revenue growth rate, a net margin of 5.31%, and an ROE of 3.84%, outperforming industry averages.
April 10, 2024 | 9:00 pm
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POSITIVE IMPACT
Vital Farms has received an updated average 12-month price target of $21.00, indicating a positive outlook from analysts. The company's strong financial performance, including a 23.37% revenue growth and a net margin of 5.31%, supports a bullish sentiment among analysts.
The increase in the average price target for VITL, along with the company's strong financial indicators such as revenue growth and net margin, suggests a positive short-term impact on its stock price. Analysts' bullish ratings and raised price targets reflect confidence in the company's performance and market position.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100