Yeti price target lowered to $54 from $55 at Piper Sandler

Piper Sandler lowered the firm’s price target on Yeti (YETI) to $54 from $55 and keeps an Overweight rating on the shares after “strong” Q3 results. The firm noted revenue growth was “strong” across all channels, products, and regions. Piper added international growth remains “exceptionally strong” and still has a long runway for growth in Europe and eventually Asia.