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Fly News Breaks for February 4, 2020
YETI
Feb 4, 2020 | 07:48 EDT
Cowen analyst John Kernan met with Yeti management and he came away with the belief they could raise long-term margin targets as the ability to add value through innovation is resonating and management feels good on pricing. He also said the brand's stance against single-use product is also climbing among the general population. Kernan remains a buyer and he reiterated his Outperform rating and $42 price target on Yeti shares.