Citi Says Freshpet (FRPT) Deserves Valuation, Reiterates Sell
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/22/2026
- S&P 500, Nasdaq end sharply lower as revived AI doubts ignite tech selloff
- Meta’s new Class C stock to keep Zuckerberg in California, fund AI spending spree
- Oil hits five-month high as Houthi attacks stoke supply fears
- Meta beats Q3 estimates, approves new nonvoting share class as AI spending surges
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
Tweet
Share
E-mail
Get Alerts FRPT Hot Sheet
Rating Summary:
15 Buy, 11 Hold, 1 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 10 | New: 48
Join SI Premium – FREE
Citi analyst Wendy Nicholson reiterated a Sell rating and $184.00 price target on Freshpet (NASDAQ: FRPT).
The analyst comments "We believe FRPT deserves to trade at ~13x FY21 sales, given the significant near-term investments the company needs to make to fund its long-term growth agenda (which represents a sharp premium to the 6x TTM sales GIS paid for BUFF in 2018). Given our FY21 sales estimate of $431 mm, we derive a target price of $123."
For an analyst ratings summary and ratings history on Freshpet click here. For more ratings news on Freshpet click here.
Shares of Freshpet closed at $184.82 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Freshpet (FRPT) PT Lowered to $67 at Deutsche Bank
- Freedom Broker Upgrades Kinder Morgan (KMI) to Buy
- Crown Castle (CCI) PT Lowered to $91 at BMO Capital Following Mixed Results
Create E-mail Alert Related Categories
Analyst Comments, Hot CommentsRelated Entities
CitiSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
