Wells Fargo kept its favorable rating and raised its share target to $84, saying it was 17.8% above Freshpet's November 4 closing price. The report gives no new company results, so this reflects an analyst's view, not proof of better business performance.
That points to more room for Freshpet shares to rise in Wells Fargo's view. The report gives no new sales or profit results, so the change reflects an analyst's estimate, not a reported business improvement.
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