As previously reported, TD Cowen upgraded Vital Farms to Buy from Hold with an unchanged price target of $44 following Vital Farms’ “strong 2Q beat-and-raise.” The firm believes the pullback in the stock over the past five weeks creates a “second chance” for investors looking for a high quality consumer packed goods growth company that is “well-insulated from a slowdown in consumer spending,” adding that it sees upside to sales beyond the $1B target for 2027.
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Read More on VITL:
- Vital Farms to Report Second Quarter 2024 Financial Results on August 8, 2024
- Vital Farms price target raised to $42 from $40 at Stifel
- Up 302% YoY, Is Vital Farms Stock (NYSE:VITL) Still a Buy?
- EY Honors Vital Farms President & CEO Russell Diez-Canseco as an Entrepreneur Of The Year® 2024 Gulf South Award Winner
- Vital Farms price target raised to $45 from $32 at Lake Street
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