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Fly News Breaks for February 15, 2019
YETI
Feb 15, 2019 | 06:22 EDT
Piper Jaffray analyst Peter Keith raised his price target for Yeti to $28 citing the company's "positive" Q4 earnings call and 2019 guidance that was above the Street. Yeti continues to see "solid" momentum in the brand and its first national ad campaign in Q4 seemed to drive awareness and traffic to its site, Keith tells investors in a post-earnings research note. The analyst believes the company remains in early days of its brand expansion, and he continues to see value in the shares. Keith reiterates an Overweight rating on Yeti.
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