- Analysts see the rally in Yeti Holdings (YETI +4.7%) extending to even new highs after taking in yesterday's strong earnings report.
- Morgan Stanley lifts its price target on Yeti to $26 as it tries to stay ahead of investors.
- Jefferies is on the books with an even higher price target of $35 as it keeps a positive view on upside potential for the outdoor equipment maker.
- "The capex needs of the model are fairly low, the company margins are strong and rising, and the demand runway looks powerful and early days," notes analyst Randal Konik.
- Yeti carved out a new all-time high of $23.06 in trading earlier today.