Canaccord Genuity Maintains Hold on YETI Holdings, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Brian McNamara has maintained a Hold rating on YETI Holdings and increased the price target from $40 to $42.
May 10, 2024 | 6:56 pm
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Canaccord Genuity maintains a Hold rating on YETI Holdings, raising the price target from $40 to $42, indicating a positive outlook on the stock's value.
The increase in price target by Canaccord Genuity suggests a positive reassessment of YETI Holdings' value, potentially leading to increased investor interest and a positive short-term impact on the stock price. The Hold rating indicates stability, while the raised target reflects optimism about the company's financial health and market position.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100