Yeti Shares Jump After New Products Draw Praise
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While many investors on Tuesday were focused on the U.S. trade war with China and hopes for monetary stimulus, Yeti Holdings Inc. drew praise for new additions to its array of outdoor and recreational products.
Analysts at Robert W. Baird reiterated their outperform rating on the stock after Yeti announced a next-generation soft cooler, stackable coffee mug, lunch box and dog bed. The company also said it would introduce three new seasonal colors -- river green, peak purple and clay -- across its portfolio.