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BofA Maintains a Neutral Rating on Freshpet (FRPT) with an $80 Price Target
Yahoo Finance· 2026-03-27 11:30
Group 1 - Freshpet, Inc. (NASDAQ:FRPT) is identified as one of the heavily-battered consumer stocks that could potentially triple by 2027 [1] - BofA noted that Freshpet's shares declined following The Farmer's Dog's retail launch, which may lead to share leakage and raised concerns about Freshpet's competitive position [1] - BofA maintained a Neutral rating on Freshpet with a price target of $80 [1][6] Group 2 - The Farmer's Dog announced its first retail launch with Walmart, significantly expanding access to its personalized meal plan service [2] - Benchmark raised its price target on Freshpet from $90 to $93, maintaining a Buy rating after attending an analyst event, indicating confidence in Freshpet's competitive position [3] - Benchmark also raised FY26 and FY27 estimates based on a modest acceleration in volume trends for Freshpet [3] Group 3 - Freshpet produces and sells natural fresh meals and treats for dogs and cats across North America and Europe [4]