VITL IPO grows, analysts like what they see

27 ส.ค. 2020

Vital Farms Inc, is another stock to watch that may benefit further from Covid 19. As the stock has surged 14%, Stifel began coverage on the stock with a $43 target price, stating: "COVID-related demand has benefited the egg and dairy categories and Vital Farms as well resulting in a surge in sales over the past five months,"

I would expect to see this one at least hit the target price, but as it is an IPO, expect high volatility - meaning it could swing from its all-time-high to its all-time-low within a day. Otherwise, I like this stock so far, and will continue watching it.