Analyst Maintains Hold on Vita Coco as Strong Results and Guidance Uplift Are Offset by Full Valuation
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Needham analyst Gerald Pascarelli has maintained a Hold rating on Vita Coco (COCO) stock, citing strong operational performance and lifted full-year guidance, but balancing it against full valuation concerns. The company exceeded Wall Street estimates for revenue and EBITDA, with solid underlying demand and growth drivers. However, with gross margins near the target and much upside reflected in forecasts, Pascarelli sees the risk-reward as balanced. Morgan Stanley also assigned a Hold rating with a $65.00 price target.
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