Mizuho analyst John Baumgartner raised the firm’s price target on Simply Good Foods to $50 from $42 and keeps a Buy rating on the shares. The company’s improving execution is bullish for 2024, the analyst tells investors in a research note. The firm says the stock may find further support should investors arbitrage hard comps for Premier for easy comps and improving execution at Atkin.
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- Simply Good Foods (NASDAQ:SMPL) Rises on Q1 Results
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- Options Volatility and Implied Earnings Moves Today, January 04, 2024
- Simply Good Foods downgraded to Hold from Buy at Deutsche Bank
