Jefferies Upgrades J&J Snack Foods (JJSF) to Buy

Jefferies analyst Scott Marks upgraded J&J Snack Foods (NASDAQ: JJSF) from Hold to Buy, PT $101.00 (from $81.00).

The analyst comments "Q3 reaffirmed the margin story, as Apollo savings and favorable mix lifted GM ~240 bps, absorbing higher freight and fuel costs to drive op profit and EPS beats despite ~in-line sales. Planned bakery exits masked steady momentum in pretzels and churros, while retail innovation gained traction. With the Apollo target raised and this year's bakery, cookie, and service drags set to fade, we see a path to LSD organic growth and margin expansion in F'27. U/G to BUY. "

For an analyst ratings summary and ratings history on J&J Snack Foods click here. For more ratings news on J&J Snack Foods click here.

Shares of J&J Snack Foods closed at $84.66 yesterday.

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