Laird Superfood price target raised to $12 from $7 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Laird Superfood (LSF) to $12 from $7 and keeps a Buy rating on the shares. The firm cites better-than-expected sales and gross margin for the year, and its belief that there could be further upward revisions to its estimates if the company continues to execute well.