Benchmark Reiterates Buy Rating on Cal-Maine Foods (CALM) on Earnings Power

Benchmark analyst Ben Klieve reiterated a Buy rating and $100.00 price target on Cal-Maine Foods (NASDAQ: CALM).

The analyst commented, "The egg cycle continues to provide YoY headwinds off of record prior year levels, but Q3’26 results demonstrate a degree of earnings power that we believe increasingly insulates Cal-Maine’s earnings in normalized pricing conditions and drove shares up 5%+ yesterday. We reiterate our Buy rating and $100 PT, and expect in coming quarters the favorable mix shift towards higher and more stable margin revenue sources will continue, and will drive earnings durability, multiple expansion and upside from the current valuation."

For an analyst ratings summary and ratings history on Cal-Maine Foods click here. For more ratings news on Cal-Maine Foods click here.

Shares of Cal-Maine Foods closed at $83.36 yesterday.

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