UPDATE: Yeti Holdings Inc. (YETI) PT Lowered to $100 at Credit Suisse, New Top Pick

January 26, 2022 6:25 AM EST
Get Alerts YETI Hot Sheet
Price: $45.61 --0%

Rating Summary:
    13 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 1 | Down: 9 | New: 4
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(Updated - January 26, 2022 6:26 AM EST)

Credit Suisse analyst Kaumil S. Gajrawala lowered the price target on Yeti Holdings Inc. (NYSE: YETI) to $100.00 (from $115.00) while maintaining a Outperform rating.

The analyst comments "Top -line momentum continues on further US brand penetration, high repeat rates, a growing international business, consumer mobility and interest in the outdoors, and new products. We think these factors can keep near -term growth at or above the company’s algorithm (+15%). Despite cost inflation, margins are stable and cushioned by a strong direct -to -consumer business."

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