Why Freshpet Stock Jumped Monday
(NASDAQ: FRPT) shares are reversing course today after a sharp drop late last week. The seller of fresh and healthy pet food reported fourth-quarter and full-year earnings on Thursday and the stock tanked.
But with the stock now down about 30% year to date, one Wall Street firm just said it's time to buy. Shares jumped more than 7.5% Monday morning on the analyst note, and remained higher by 4.3% as of 11 a.m. ET.
Investors crushed the stock late last week when the company came up slightly short of Wall Street's expectations for its fourth-quarter sales and earnings. But shares had already been trending lower since the start of the year as investors took profits after a huge 70% gain in 2024.
Source Fool.com
Freshpet Inc. Aktie
56,00 €
2,21 %
Die Freshpet Inc. Aktie steht recht gut da: Mehr Buy- als Sell-Einschätzungen in der Community.
Das Kursziel von 60 € für Freshpet Inc. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 56.0 € an.
