Needham Reiterates Buy on Simply Good Foods, Maintains $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Matt McGinley has reiterated a 'Buy' rating on Simply Good Foods (NASDAQ:SMPL) and maintained a price target of $42.
October 10, 2023 | 10:10 am
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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 Simply Good Foods. The maintained price target of $42 also indicates a positive outlook for the company's stock in the short term. This could potentially lead to an increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100