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Goldman Ups YETI to Buy After Demand Checks | Raleigh News
Goldman Sachs just flipped its script on YETI, upgrading the stock to “Buy” and raising its price target to $63 — a bold move for a company once seen as coasting. Analyst Brooke Roach dug deep, finding that demand is stronger and more consistent than expected, with a solid product pipeline fueling growth. While YETI’s Q1 beat expectations, analysts waited to see if the momentum was real — and July’s data confirmed it. But hitting that $63 target isn’t guaranteed: margins must stay healthy, supply chains must keep running, and demand needs to keep climbing — possibly overseas if U.S. sales…
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