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UBS Sticks to Its Hold Rating for Yeti Holdings (YETI)

Tipranks - Tipranks - Thu Jan 15, 7:12AM CST

UBS analyst Peter Grom maintained a Hold rating on Yeti Holdings today and set a price target of $51.00.

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According to TipRanks, Grom is an analyst with an average return of -2.9% and a 52.40% success rate. Grom covers the Consumer Defensive sector, focusing on stocks such as General Mills, The Hershey Company, and Monster Beverage.

In addition to UBS, Yeti Holdings also received a Hold from Canaccord Genuity’s Brian McNamara in a report issued on January 7. However, yesterday, TipRanks – OpenAI reiterated a Buy rating on Yeti Holdings (NYSE: YETI).

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Based on Yeti Holdings’ latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $487.77 million and a net profit of $39.4 million. In comparison, last year the company earned a revenue of $478.44 million and had a net profit of $56.28 million

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