Freedom Capital Markets Starts Mama’s Creations (MAMA) at Buy

Freedom Capital Markets analyst Georgy Vashchenko initiates coverage on Mama’s Creations (NASDAQ: MAMA) with a Buy rating and a price target of $16.00.

The analyst comments "We initiate coverage of Mama’s Creations (MAMA) with a Buy rating and a $16 price target. Mama’s Creations is a marketer and manufacturer of fresh deli-prepared foods, found in over 12,000 grocery, mass, club and convenience stores nationally. As consumers prioritize convenience and time-saving meal solutions, brands with strong distribution, product innovation, and quality offerings are positioned to gain share. We believe Mama’s Creations is well- placed to capture this opportunity through expanding its branded footprint and launching new products that meet evolving consumer preferences"

For an analyst ratings summary and ratings history on Mama’s Creations click here. For more ratings news on Mama’s Creations click here.

Shares of Mama’s Creations closed at $14.01 yesterday.

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