Simply Good Foods price target raised to $36 from $34 at TD Cowen

TD Cowen raised the firm’s price target on Simply Good Foods (SMPL) to $36 from $34 and keeps a Hold rating on the shares. The firm noted the reoorted mixed Q1 results but they reaffirmed its 2025 guidance. Cowen continues to view the company as well-positioned to capitalize on mainstreaming of high protein low carb/sugar foods but the HSD declines in its Atkins brand remain a sticking point.