Wells Fargo Lowered Firm's PT on Freshpet (FRPT), Kept an Overweight Rating

Freshpet, Inc. (NASDAQ:FRPT) is one of the Best 52-Week Low Stocks to Buy According to Analysts. On July 9, Wells Fargo analyst Marc Torrente lowered the firm’s price target on Freshpet, Inc. (NASDAQ:FRPT) from $100 to $88, while keeping an Overweight rating on the shares.

The price adjustment comes as the firm is aggregating its model across beverages, food, and HPC industries and updating price targets. Freshpet, Inc. (NASDAQ:FRPT) is also set to release its Q2 2025 earnings call on August 4. During the fiscal first quarter of 2025, the company grew its net sales by 17.6% to $263.2 million. Management expects net sales for the full year to be between $1.12 billion $1.15 billion.

Freshpet, Inc. (NASDAQ:FRPT) develops, manufactures, markets, and distributes fresh, refrigerated pet food products.

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Disclosure: None. This article is originally published at Insider Monkey.