DA Davidson Initiates Coverage On Simply Good Foods with Neutral Rating, Announces Price Target of $42
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Brian Holland has initiated coverage on Simply Good Foods (NASDAQ:SMPL) with a Neutral rating and set a price target of $42 for the company's stock.
December 08, 2023 | 10:27 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
DA Davidson analyst Brian Holland has initiated coverage on Simply Good Foods with a Neutral rating and a price target of $42.
The initiation of coverage by DA Davidson with a Neutral rating suggests that the analyst sees the stock as fairly valued at its current price. The price target of $42 indicates a potential upside or stabilization, but the Neutral rating does not imply significant short-term movement. Therefore, the impact on the stock price is likely to be minimal in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100