Freshpet, Inc. Provides Business Update

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Freshpet (FRPT) PT Lowered to $125 at Jefferies

December 20, 2021 8:21 AM UTC

Jefferies analyst Stephanie Wissink lowered the price target on Freshpet (NASDAQ: FRPT) to $125.00 (from $175.00) while maintaining a Buy rating.

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Freshpet (FRPT) PT Lowered to $150 at Baird, Recommends Buying on Weakness

December 20, 2021 6:25 AM UTC

Baird analyst Peter Benedict lowered the price target on Freshpet (NASDAQ: FRPT) to $150.00 (from $185.00) while maintaining an Outperform rating after supply chain issues led to a Q4 earning.

The analyst said they would be buyers on weakness.

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Freshpet (FRPT) PT Lowered to $135 at Stifel Following Reduced Outlook

December 17, 2021 10:40 AM UTC

Stifel analyst Mark Astrachan lowered the price target on Freshpet (NASDAQ: FRPT) to $135.00 (from $165.00) while maintaining a Buy rating after the company reduced 2021 sales and adjusted EBITDA expectations, now anticipating $115mm-$120mm for 4Q21 sales, compared to consensus of $133mm.

The analyst... More

Why Freshpet (FRPT) Shares Are Down 11% Today

December 17, 2021 8:44 AM UTC

Freshpet (NASDAQ: FRPT) shares are down 11.5% in pre-open Friday after the company revised its full-year guidance after experiencing supply chain issues.

Freshpet now expects revenue between $425 million and $430 million for full-year 2021 and adjusted EBITDA to be approximately $42 million for full-year 2021.

This... More