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FRPT

Freshpet

$63.84 /

+1.1 (+1.75%)

07:16
01/15/20
01/15
07:16
01/15/20
07:16

Freshpet price target raised to $68 from $58 at Credit Suisse

Credit Suisse analyst Robert Moskow raised his price target for Freshpet to $68 from $58 following the company's "highly bullish" presentation at the ICR conference, with management indicating that its sales in Q4 came in stronger than expected primarily due to distribution gains. In addition, it confirmed its intention to pull forward its capacity expansion plans and increase its advertising spending in 2020 in the U.S. and the U.K. to maintain an above-algorithm sales growth rate in 2020, he notes. The analyst has a Neutral rating on the shares.

  • 17

    Feb

FRPT Freshpet
$63.84 /

+1.1 (+1.75%)

01/14/20 Stifel
Freshpet price target raised to $70 from $57 at Stifel
12/06/19 Imperial Capital
Freshpet price target raised to $55 from $40 at Imperial Capital
12/03/19 DA Davidson
Freshpet is 'most compelling growth story' in consumer staples, says DA Davidson
10/31/19 Baird
Freshpet price target raised to $60 from $50 at Baird

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