Freshpet (FRPT) PT Raised to $80 at TD Cowen

TD Cowen analyst Robert Moskow raised the price target on Freshpet (NASDAQ: FRPT) to $80.00 (from $61.00) while maintaining a Hold rating.

The analyst comments "Freshpet stock rallied despite guiding 2026 EBITDA below consensus. We understand investors' growing enthusiasm for the business given a potential inflection in retail growth trends, burgeoning omni-channel development, manufacturing advancements, and sales guidance of 7-10% that looks conservative. That said, we view the stock as fairly valued trading at 16.7x our 2027 EBITDA. Reiterate Hold."

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