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Fly News Breaks for May 3, 2019
YETI
May 3, 2019 | 06:09 EDT
Goldman Sachs analyst Alexandra Walvis downgraded Yeti Holdings to Neutral from Buy while raising her price target for the shares to $33 from $31. The company's "strong" sales and brand momentum are now better understood by investors, Walvis tells investors in a research note following its Q1 results. The analyst sees a more balanced risk/return profile at current valuation levels.
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