Freshpet (FRPT) Misses Q1 EPS by 23c, Slight Miss on Revenues; Offers FY21 Revenues Below Consensus
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Freshpet (FRPT) PT Raised to $195 at Stifel
May 4, 2021 6:31 AM EDTStifel analyst Mark Astrachan raised the price target on Freshpet (NASDAQ: FRPT) to $195.00 (from $170.00) while maintaining a Buy rating.
The analyst commented, "Our 2021-2025 sales and EBITDA estimates are largely unchanged following 1Q21 results that included reiterated full-year guidance. 1Q sales were essentially inline... More
Citi Says Freshpet (FRPT) Deserves Valuation, Reiterates Sell
May 3, 2021 4:43 PM EDTCiti 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
