The Latest Breaking News from Traeger

Shares of Weber (WEBR) and Traeger (COOK) surged last week. However, can these stocks sustain the price rally amid the ongoing supply chain challenges, persistent inflationary environment, and increasing labor costs? Let’s discuss.

The stock market has been under immense pressure of late on investor concerns about Federal Reserve interest rate increases to combat 40-year-high inflation, and growing recession risks. However, the market’s volatility is creating opportunities for investors to buy quality growth stocks at attractive prices. As the markets recover, Wall Street…

Analysts have provided the following ratings for Traeger (NYSE:COOK) within the last quarter:

Morgan Stanley analyst John Glass lowered the price target on Traeger Inc (NYSE:COOK) to $10 from $26 and maintained an Equal Weight rating on the shares. The revised price target implies a 31.23% upside. Glass noted grill demand appears to be softening post-COVID to a greater extent than previously expected. Traeger's shares are…