Mama’s Creations (MAMA) PT Lowered to $22 at DA Davidson Following Q2 Beat

DA Davidson analyst Matt Curtis lowered the price target on Mama’s Creations (NASDAQ: MAMA) to $22.00 (from $25.00) while maintaining a Buy rating.

The analyst commented, "F2Q beat consensus on the top/bottom lines as F1Q product launches ramped and distribution expanded. With improving traction at Walmart, another Costco MVM on deck, new Kroger distribution, and highly favorable prepared food category trends likely to keep the momentum going, we continue to view MAMA as one of the more attractive growth stories in packaged food, and reiterate our BUY rating ($22 PT on 30x our CY27 EBITDA est.)."

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