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A Quick Look at Today's Ratings for Freshpet(FRPT.US), With a Forecast Between $154 to $189

Futu News ·  Nov 5 21:00  · Ratings

On Nov 05, major Wall Street analysts update their ratings for $Freshpet (FRPT.US)$, with price targets ranging from $154 to $189.

J.P. Morgan analyst Kenneth Goldman maintains with a hold rating, and adjusts the target price from $126 to $154.

Wells Fargo analyst Marc Torrente maintains with a buy rating, and adjusts the target price from $157 to $175.

TD Cowen analyst Robert Moskow maintains with a buy rating, and adjusts the target price from $160 to $174.

Baird analyst Peter Benedict maintains with a buy rating, and adjusts the target price from $157 to $170.

Truist Financial analyst Bill Chappell maintains with a buy rating, and adjusts the target price from $160 to $170.

Furthermore, according to the comprehensive report, the opinions of $Freshpet (FRPT.US)$'s main analysts recently are as follows:

  • The firm's recent analysis suggests that the Q3 beat-and-raise has further solidified confidence in the company's trajectory to surpass its 2027 long-term goals and establish itself as a prevalent dog food brand.

  • Freshpet has continued to surpass expectations, consistently delivering strong top-line growth. This performance is accompanied by significant gains in scale and efficiency, which are contributing to notable margin expansion. The company's growth narrative as a disruptive force in the consumer staples sector remains compelling to investors.

  • Following Freshpet's third-quarter performance, which exceeded expectations and was accompanied by a subsequent upward revision of forecasts, there appears to be additional potential for growth moving forward.

Here are the latest investment ratings and price targets for $Freshpet (FRPT.US)$ from 7 analysts:

StockTodayLatestRating_nn_210529_20241105_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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