Needham Reiterates Buy on Simply Good Foods, Maintains $42 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Matt McGinley has reiterated a 'Buy' rating on Simply Good Foods (NASDAQ:SMPL) and maintained a price target of $42.
June 30, 2023 | 9:27 am
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POSITIVE IMPACT
Simply Good Foods (NASDAQ:SMPL) has had its 'Buy' rating reiterated by Needham analyst Matt McGinley, with a maintained price target of $42.
The reiteration of a 'Buy' rating by a reputable analyst like Matt McGinley from Needham is a positive signal for investors. The maintained price target of $42 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100