This was wed- Yeti price target lowered to $48 from $76 at Piper Sandler 06:01 YETI Piper Sandler analyst Peter Keith lowered the firm's price target on Yeti to $48 from $76 and keeps an Overweight rating on the shares. The analyst says that given the "tough" multi-year comps, continued weakness in big ticket discretionary items and the continued overall macroeconomic weakness, he's taking down Yeti's second half of 2022 comp estimates by 5% each quarter and taking fiscal 2023 sales growth to flat. He reduced the stock's multiple from 25-imes to 20 given the macro uncertainty, lower sales growth, and the higher interest rate environment.
Aug 23rd Insider buy // former SPAC / Could be a buyout candidate for PE- KIND Nextdoor Holdings, Inc. $2.68 9:45