This nutritional snack company has a leg up on competitors, Morgan Stanley says in upgrade

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

A diverse product offering could provide this company an edge over market competitors, according to Morgan Stanley.

Simply Good Foods ' diverse product offering could provide it an edge over market competitors, according to Morgan Stanley. The firm upgraded Simply Good Foods to an overweight rating from equal-weight on Monday, simultaneously bumping up its price target to $40 from $37. This implies an upside of 18% from Friday's close of $33.86.

mountain simply good foods ytd chart Kaufman said that Simply Good Foods could be a key beneficiary as consumer preferences shift towards healthier choices that support weight management and an active lifestyle. "Active Nutrition is a ~$10 billion category that has been growing rapidly, at a 14% CAGR [compounded annual growth rate] over the last five years," the analyst wrote.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости