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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VITL:
- Vital Farms should be bought on recent pullback, says Jefferies
- Vital Farms price target lowered to $41 from $46 at TD Cowen
- Vital Farms Faces New Challenges as It Transitions to Large Accelerated Filer Status
- Vital Farms Reports Strong Revenue Growth in Q3 2024
- Vital Farms now sees FY24 revenue of at least $600M, consensus $598.35M