Jefferies Reiterates Buy Rating on Yeti Holdings Inc. (YETI)

Jefferies analyst Randal Konik reiterated a Buy rating and $55.00 price target on Yeti Holdings Inc. (NYSE: YETI).

The analyst comments "YETI appointed two new members to its board, signaling a push for the brand to accelerate its pace of innovation and global expansion. Given YETI's brand reputation, robust and consistent margins, strong consumer base, and substantial cash flow, we believe shares offer a solid risk/reward and would aggressively buy the stock at current levels, with base case PT $55, upside case PT $75."

For an analyst ratings summary and ratings history on Yeti Holdings Inc. click here. For more ratings news on Yeti Holdings Inc. click here.

Shares of Yeti Holdings Inc. closed at $34.00 yesterday.

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