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Fly News Breaks for November 1, 2019
YETI
Nov 1, 2019 | 06:17 EDT
Citi analyst Wendy Nicholson downgraded Yeti to Neutral from Buy citing valuation with the stock up 122% year-to-date. Yeti is now trading at 25 times the analyst's new 2020 earnings estimate. She likes the story, but finds the stock "too rich" at current levels.
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YETI
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