Shares of Whole Earth Brands (NASDAQ: FREE) soared 31.5% in December, according to data provided by S&P Global Market Intelligence, a rally that began in earnest after analysts at Cantor Fitzgerald initiated coverage of the stock with an overweight rating and a $23 per share price target.
Cantor Fitzgerald analyst Pablo Zuanic sees Whole Earth as similar to Beyond Meat and Freshpet because of its focus on the better-for-you category of natural alternatives.
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