Stephens & Co. Maintains Overweight on Simply Good Foods, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Ben Bienvenu maintains an Overweight rating on Simply Good Foods (NASDAQ:SMPL) but lowers the price target from $44 to $42.
October 23, 2024 | 2:09 pm
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NEUTRAL IMPACT
Stephens & Co. maintains an Overweight rating on Simply Good Foods but lowers the price target from $44 to $42, indicating a slightly less optimistic outlook.
The Overweight rating suggests continued confidence in Simply Good Foods, but the lowered price target indicates a slightly reduced expectation for future performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100