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Fly News Breaks for December 12, 2019
Dec 12, 2019 | 06:12 EDT
Piper Jaffray analyst Peter Keith highlights Yeti Holdings as a favorite SMID cap idea for both Q4 and 2020. The analyst is "most intrigued" with Yeti's ongoing gross margin upside opportunity and he believes consensus estimates for Q4 and 2020 are "quite beatable." He sees earnings upside potential and a "reasonable valuation." Keith recommends buying the shares at current levels with an Overweight rating and $41 price target.
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