traeger shares were up 61 at 665 after the company reported secondquarter revenue that beat analysts expectations the company which makes woodpellet grills had quarterly revenue of 1715 million compared with 2003 million in the same quarter last year analysts polled by factset were looking for revenue of 1549 million the company had a loss of 329 million or 27 cents in the quarter compared with last years loss of 1331 million or 113 a share analysts were looking for a loss of 107 million or 13 cents a share for fiscal 2023 the company is expecting revenue of 585 million to 600 million while analysts have forecast revenue of 5957 million for the year inventory at the end of the second quarter was 978 million compared with 1535 million at the end of the first quarter telsey advisory group raised its rating on traeger stock to outperform from market perform and raised its price target to 650 a share from 350