Stock Track | YETI Holdings Soars 5.51% Intraday on Analyst Upgrades and Price Target Hikes

Stock Track

02/20

YETI Holdings Inc. (YETI) saw its stock price surge by 5.51% during intraday trading on Friday, following positive analyst actions.

The sharp increase appears to be driven by significant analyst upgrades and price target revisions. B. Riley Securities upgraded YETI to "Buy" from "Neutral" and raised its price target to $54 from $35, citing an attractive risk/reward profile at current share levels. Separately, Raymond James also raised its price target for the company to $53 from $39.

These bullish analyst moves come amid increased coverage of companies in the Consumer Cyclical sector, with several firms weighing in on YETI Holdings' prospects.

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(YETI) saw its stock price surge by 5.51% during intraday trading on Friday, following positive analyst actions.</p><p>The sharp increase appears to be driven by significant analyst upgrades and price target revisions. B. Riley Securities upgraded YETI to \"Buy\" from \"Neutral\" and raised its price target to $54 from $35, citing an attractive risk/reward profile at current share levels. 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