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Why Traeger Stock Was on Fire Monday


Monday was a fine workday for a barbecue, at least for shareholders of pellet grill maker Traeger (NYSE: COOK). The company's stock leaped more than 9% higher on the day, stoked by a clutch of bullish new analyst recommendations.

Less than a month after its successful initial public offering (IPO), Traeger was blasted with several fresh coverage initiations on Monday.

Image source: Getty Images.

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Source Fool.com

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