Roth MKM initiated coverage of Mama‘s Creations with a Buy rating and $6 price target. The company has quietly built a profitable, fast-growing $100M business and its growth will remain elevated for years to come, the analyst tells investors in a research note. The firm says the fresh prepared foods industry is large, at $25B and growing, and the supplier base is highly fragmented, creating opportunities for continued growth.
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Read More on MAMA:
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