Form 8-K Freshpet, Inc. For: May 03

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Citi Says Freshpet (FRPT) Deserves Valuation, Reiterates Sell

May 3, 2021 4:43 PM EDT

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... More