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Fly News Breaks for March 24, 2017
FRPT
Mar 24, 2017 | 09:04 EDT
Baird analyst Peter Benedict attended the Global Pet Expo and came away with his positive view on Freshpet reinforced. He said the company's sell through has held up better and continues to accelerate across grocery/mass retail as the company's stepped up marketing takes hold. The analyst believes the company can deliver meaningful revenue inflection starting in Q2. Benedict maintained his Outperform rating and raised his price target to $13 from $11 on Freshpet shares.
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