BUZZ-<a href="https://laohu8.com/S/FRPT">Freshpet</a> dives on BofA rating and price cuts; keeps FY outlook unchanged ** Shares in Freshpet FRPT.O down 3.5% at $51.01 in premarket trading
** BofA Global Research cuts stock's rating to "neutral" from "buy", price objective to $60 from $81
** Brokerage cuts Q3 net sales growth estimate, expects FRPT to log annual net sales growth at lower end of guided range
** Co maintains annual outlook after bell on Tuesday, announced CFO Todd Cunfer's move to Campbell's Co CPB.O
** Names Ivan Garcia as interim finance boss
** Seventeen brokerages on average rate the stock "buy"; their median PT is $89 - LSEG data
** Stock down ~64% so far this year vs ~18% gain on Nasdaq .IXIC
(Reporting by Prerna Bedi in Bengaluru)
((Prerna.Bedi@thomsonreuters.com; +91 98052 24616;))
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