TD Cowen analyst Robert Moskow raised the firm’s price target on Vital Farms to $37 from $19 and keeps a Hold rating on the shares. The firm said 1Q sales and EBITDA beat consensus and management raised its 2024 guidance above consensus.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VITL:
- Vital Farms sees FY24 revenue at least $575M, consensus $560.51M
- Vital Farms reports Q1 EPS 43c, consensus 21c
- Vital Farms’ Egg Central Station Earns Prestigious LEED® Gold Certification Recognizing Environmental Excellence in Manufacturing Standards
- Vital Farms to Report First Quarter 2024 Financial Results on May 9, 2024
- Vital Farms price target raised to $32 from $26 at Lake Street
Questions or Comments about the article? Write to editor@tipranks.com