Stephens & Co. Initiates Coverage On Sovos Brands with Overweight Rating, Announces Price Target of $23
Portfolio Pulse from richadhand@benzinga.com
Stephens & Co. analyst Jim Salera initiates coverage on Sovos Brands (NASDAQ:SOVO) with an Overweight rating and a price target of $23.
June 23, 2023 | 8:48 am
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Sovos Brands (NASDAQ:SOVO) receives an Overweight rating and a $23 price target from Stephens & Co. analyst Jim Salera.
The initiation of coverage by Stephens & Co. with an Overweight rating and a price target of $23 indicates a positive outlook for Sovos Brands. This news is likely to attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100