Lifeway Foods, Inc. (LWAY) Misses Q4 EPS by 6c

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Imperial Capital Upgrades Lifeway Foods (LWAY) to Outperform

March 18, 2015 6:14 AM EDT

Imperial Capital upgraded Lifeway Foods (NASDAQ: LWAY) from In-Line to Outperform with a price target of $22.00 (from $17.00), suggesting 22% upside from recent levels.

Analyst Mitchell Pinheiro commented, "Our more positive stance on LWAY is predicated on continued mid-teen revenue growth (new distribution, new products, consumption gains) and strong margin... More