Mama’s Creations price target raised to $7 from $6 at Lake Street

Lake Street raised the firm’s price target on Mama‘s Creations to $7 from $6 and keeps a Buy rating on the shares after the company reported a beat on both the top and bottom lines. FY24 “marked a year of significant progress for Mama’s” and rolling into FY25 the key to the story will be the ability to drive revenue growth, says the analyst, who views Mama’s as “well-positioned to be the industry-leading deli solutions provider.”