Form 8-K Simply Good Foods Co For: Apr 04
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Go back to Form 8-K Simply Good Foods Co For: Apr 04
April 8, 2024 6:37 AM EDT
Mizuho analyst John Baumgartner lowered the price target on The Simply Goods Group (NASDAQ: SMPL) to $40.00 (from $50.00) while maintaining a Buy rating.
The analyst comments "Our Take: As Expected, Atkins Softness Drives Guidance Reduction but Priced in. YTD weakness in SMPL shares (-18%... More
April 5, 2024 4:56 AM EDT
Deutsche Bank analyst Steve Powers lowered the price target on The Simply Goods Group (NASDAQ: SMPL) to $36.00 (from $39.00) while maintaining a Hold rating.
The analyst comments "As mentioned this morning, SMPL's FY2Q24 results and lowered FY24 sales outlook (owing to weaker-than-orginally-anticipated Atkins performance) were broadly in line with market expectations that had reset lower intraquarter. As such, the stock movement on the day was relatively muted (+0.4% vs. S&P -1.2%). Although Quest's momentum remains strong (noting that management still... More
