Needham Maintains Buy on Simply Good Foods, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Matt McGinley has reaffirmed a Buy rating on Simply Good Foods (NASDAQ:SMPL) and increased the price target from $42 to $45, indicating a positive outlook on the company's stock.
January 05, 2024 | 10:22 am
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Needham analyst Matt McGinley maintains a Buy rating on Simply Good Foods and raises the price target from $42 to $45, suggesting confidence in the company's future performance.
The increase in price target by Needham reflects a positive assessment of Simply Good Foods' prospects, likely leading to increased investor confidence and potential upward movement in the stock price in the short term.
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