In a recent analysis update, Baird analyst Peter Benedict has revised the price target for Yeti (YETI, Financial), reducing it from $50 to $40. Despite this adjustment, the analyst maintains an Outperform rating on the company's stock.
The revision comes as a response to anticipated changes in tariffs, which are expected to affect the pricing structure of certain products offered by Yeti on the market. The firm's updated model reflects these alterations in economic conditions and potential impacts on Yeti's operations.
