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Why Freshpet Stock Popped Today

TheMotleyFool

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Why Freshpet Stock Popped TodayPhoto, wide shot, wide-angle lens, Home decor store, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/1f534af1-8f1f-47f4-aa9f-66269ecafb79.png

Shares of Freshpet (NASDAQ: FRPT) climbed on Wednesday following bullish analyst remarks. As of 1:15 p.m. EST today, the high-end pet food company's stock price was up more than 8%.

D.A. Davidson analyst Brian Holland reiterated his buy rating on Freshpet's stock and boosted his price forecast from $172 to $194. Holland's new estimate represents potential gains for investors of roughly 25% from the stock's current price near $155.

An analyst sees plenty of gains ahead for Freshpet's shareholders. Image source: Getty Images.

Source Fool.com

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