TD Cowen analyst Robert Moskow says Freshpet (FRPT) shares declined 11% on Monday, presumably on concerns about a deceleration in Nielsen tracking data. The firm reiterates its positive thesis on the stock, viewing Freshpet as a “true disruptor in an enormous dog food category with a big moat.” The stock will recover next week if management can make “credible assurances” about sales reacceleration and provide “confident” 2025 guidance, the analyst tells investors in a research note. TD keeps a Buy rating on the shares with a $174 price target The stock in midday trading is down 4% to $125.75.
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