Jefferies analyst Rob Dickerson says that Vital Farms (VITL) “easily topped” Q4 and FY25 expectations, but notes the stock was down after “control deficiencies” headlines hit earlier today. However, after a conversation with management, the firm sees limited risk to such 10-K disclosure and says that restatements shouldn’t be required. The firm reiterates a Buy rating and $46 price target on Vital shares, “especially given today’s pullback,” the analyst added.
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Read More on VITL:
- Vital Farms: Strong Financial Performance and Promising Growth Justify Buy Rating
- Vital Farms reports Q4 EPS 23c, consensus 17c
- Vital Farms sees FY25 revenue at least $740M, consensus $707.11M
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