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Why Freshpet Stock Popped Today

TheMotleyFool

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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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