© Reuters. 3 Wall Street Initiations From Today Worth Paying Attention To
By Investing.com Staff
UBS initiated coverage on Freshpet (NASDAQ:) with a Buy rating and a price target of $67.00. Analysts there said they think the worst is behind the company and the opening of its new facility in Ennis and DC in Dallas should drive profits. Shares closed relatively flat today.
Cowen initiated coverage on Generac Holdlings Inc (NYSE:) with an Outperform rating and a price target of $229. Analysts cited valuation, saying a sub $225 share price fully prices in a slowing growth environment for a category leader with secular tailwinds. They also see a clear disconnect in Generac’s 2023 growth expectations amongst its sell-side coverage. Shares gained over 2% today following the call.
Canaccord Genuity initiates coverage on Bioceres Crop Solutions (NASDAQ:) with a Buy rating and a price target of $22.50. Analysts there see strong double-digit revenue growth and expanding EBITDA. Shares gained over 3% today on the news.
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