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Fly News Breaks for February 15, 2019
YETI
Feb 15, 2019 | 08:52 EDT
Morgan Stanley analyst Kimberly Greenberger raised her 2019 EBITDA estimate for Yeti to $160.4M from $150.6M after the company reported a "strong" Q4 and gave 2019 guidance that was better than her forecast and the consensus view. She believes the stock remains "underappreciated" and "looks compelling" even after its 18% move up following the report. Greenberger increased her price target on Yeti shares to $26 from $21 and maintains an Overweight rating on the stock.
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