Why Investors Thought Freshpet Stock Was a bad boy Today
The stock market in general traded listlessly on Tuesday, but the trajectory of Freshpet (NASDAQ: FRPT) shares was particularly uninspiring. Before market open that day, Piper Sandler prognosticator Michael Lavery reduced his fair value assessment on Freshpet to $145 per share. Lavery left his recommendation intact, however, which was good news for company bulls as this is and was overweight (buy, in other words).