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Analyst TD Cowen lowered Freshpet's price target due to slowing growth and increased competition.

2 reports, 2 independent Updated Aug 27
Gone quiet Reached 2 outlets in its first 24 hours
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What happened

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Analyst TD Cowen lowered Freshpet's price target due to slowing growth and increased competition.

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What this event is mainly about

How it developed

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  1. TD Cowen lowered Freshpet's price target citing slowing growth and competition.1 source
  2. General Mills entered the fresh pet food market, leading to competition concerns for Freshpet.1 source

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Coverage

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  • BarchartTarget Price Downgrade Pushes Freshpet to 52-Week Low: Buy Opportunity or More Downside? Pet food manufacturer Freshpet (FRPT) hit a new 52-week low on Tuesday. It was the stock's 39th 52-week low of
  • StockStoryFreshpet (FRPT) Stock Trades Down, Here Is Why Shares of pet food company Freshpet (NASDAQ:FRPT) fell 9.1% in the afternoon session after an analyst lowered the stock's price target amid concerns ove