Traeger, Inc. (COOK) Tops Q1 EPS by 1c ; Offers Guidance

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Go back to Traeger, Inc. (COOK) Tops Q1 EPS by 1c ; Offers Guidance

Traeger Inc. (COOK) PT Lowered to $4 at Telsey

May 9, 2024 5:19 AM EDT

Telsey analyst Joe Feldman lowered the price target on Traeger Inc. (NYSE: COOK) to $4.00 (from $4.50) while maintaining a Outperform rating.

The analyst comments "TAG View: Traeger's 1Q24 performance was slightly better than expected, with revenues down ~5.4% vs. the FactSet consensus (FS) of (6.0%) and our estimate of (5.5%) and adjusted EBITDA of $24MM... More