DA Davidson lowered the firm’s price target on Vital Farms (VITL) to $44 from $48 but keeps a Buy rating on the shares. Despite the post-earnings sell-off in the stock, demand for the Vital Farms brand is sticky and poised to remain strong, the analyst tells investors in a research note. The firm also notes that Vital was the best performing stock in Food & Beverage over the past year.
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Read More on VITL:
- Vital Farms should be bought on recent pullback, says Jefferies
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