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YETI shares rise after Stifel upgrade to Buy

YETI jumped 3.1% in the afternoon after Stifel analyst Peter McGoldrick upgraded the stock from Hold to Buy and raised his price target to $50 from $45.

YETI

1% in the afternoon session after Stifel analyst Peter McGoldrick upgraded the company from Hold to Buy and raised his price target to $50 from $45. According to Streetinsider, analyst upgrades often boost investor sentiment and can lift a stock price.