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Fly News Breaks for November 8, 2019
YETI
Nov 8, 2019 | 07:12 EDT
Baird analyst Peter Benedict added Yeti as a Fresh Pick after updating his monthly product assortment and social media engagement analysis. He also believes the recent weakness has created a buying opportunity as he expects a strong Q4. With a significant runway for growth, he believes the stocks 25% discount to growth peers is too compelling to ignore. Benedict reiterated his Outperform rating and $45 price target on Yeti shares.
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