Yeti price target lowered to $38 from $42 at B. Riley

B. Riley lowered the firm’s price target on Yeti (YETI) to $38 from $42 and keeps a Neutral rating on the shares. Store checks reveal Dick’s Sporting (DKS) has shifted shelf space from Yeti to Stanley, but data suggests that the Stanley trend has crested, meaning this shelf space could revert in the next few months or so, the analyst tells investors in a research note. The firm remains on the sidelines given the model risk from brand maturation.