Redburn Atlantic Upgrades Freshpet to Buy, Announces $168 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Edward Lewis has upgraded Freshpet (NASDAQ:FRPT) from Neutral to Buy and set a price target of $168.
May 23, 2024 | 9:54 am
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Redburn Atlantic has upgraded Freshpet from Neutral to Buy, setting a price target of $168. This upgrade is likely to positively impact Freshpet's stock price in the short term.
The upgrade from Neutral to Buy by a reputable analyst and the announcement of a $168 price target are strong positive signals for investors. Such upgrades typically lead to increased investor confidence and buying activity, which can drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100