Vital Farms Price Target Cut by Telsey on Egg Market Pressures

Telsey lowered its price target on Vital Farms (NASDAQ: VITL) to $26 from $35, while maintaining an Outperform rating, citing near-term headwinds in the egg industry. The firm said it reduced its first-quarter 2026 and full-year 2026 estimates to reflect macroeconomic uncertainty and evolving promotional dynamics within the egg market. These pressures were partly attributed to a shift from last year’s undersupply to a more normalized or even oversupplied environment in 2026. Telsey noted that commodity egg ...