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Fly News Breaks for January 30, 2020
YETI
Jan 30, 2020 | 08:21 EDT
Stifel analyst Jim Duffy said meetings at the Outdoor Retailer Snow Show in Denver highlighted product introductions coming in the first half from Yeti that will keep brand fans engaged and he expects upside to his and consensus revenue and EPS estimates when the company reports on its quarter. Given the near-term visibility, and heavy short interest of 46% of the float, he sees a favorable setup for Yeti shares and increased his price target on the stock to $40 from $36 while maintaining his Buy rating.
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