Stephens raised the firm’s price target on SunOpta (STKL) to $10 from $9 and keeps an Overweight rating on the shares after Q3 results that were ahead of consensus on the top and bottom lines. The consistency of SunOpta’s results, coupled with its visibility into demand from existing customers in Q4 and FY25, should “support a catalyst path for shares,” the analyst tells investors.
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