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Fly News Breaks for February 14, 2020
YETI
Feb 14, 2020 | 06:48 EDT
Piper Sandler analyst Peter Keith raised his price target for Yeti Holdings to $50 from $41 and reiterates an Overweight rating on the shares following the company's "strong" Q4 beat and "upbeat" 2020 guidance. Yeti appears to be executing at a very high level with a multitude of compelling growth initiatives, says the analyst, who has confidence in its ongoing positive business momentum. He's a buyer of the stock and sees potential for further multiple expansion.
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