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Fly News Breaks for April 7, 2015
TGT, FRPT
Apr 7, 2015 | 09:23 EDT
Baird said its latest channel checks indicate Freshpet's (FRPT) new "fresh" dry dog food product has launched at Target (TGT). The firm is "impressed by the packaging, pricing, and value proposition" of the product as well as its "prominent positioning in valuable end-cap space." Baird views the development as another example of Freshpet's momentum and reiterates an Outperform rating on the stock with a $24 price target.
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