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Stock impact report

Freshpet (FRPT) Upgraded to Outperform by Oppenheimer [Yahoo! Finance]

Freshpet, Inc. (FRPT) 
Last freshpet, inc. earnings: 2/25 06:05 am Check Earnings Report
Company Research Source: Yahoo! Finance
On March 20, Oppenheimer upgraded Freshpet Inc. (NASDAQ:FRPT) from Perform to Outperform. The firm set a target price of $80 for the stock, implying an almost 24% upside. The move follows a recent pullback driven by competition concerns from Costco's (COST) Kirkland brand, but Oppenheimer sees a more attractive risk/reward at current levels. The firm also expressed confidence in the company's ability to stabilize sales growth and highlighted potential upside from strategic interest or a possible takeout over time. Back on February 24, Todd Brooks from Benchmark increased the price target on Freshpet Inc. (NASDAQ:FRPT) from $80 to $90. The analyst maintained a Buy rating on the stock, which offers more than 39% potential upside at the current level. According to Brooks, the fourth quarter figures reflect model stabilization, which shows that the Freshpet brand and the larger pet food market are growing at a slower rate. In a difficult consumer environment, the firm continues to Show less Read more
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