William Blair analyst Jon Andersen has maintained their bullish stance on STKL stock, giving a Buy rating on March 4.
Jon Andersen has given his Buy rating due to a combination of factors highlighted during investor meetings with SunOpta’s leadership. The company’s management reiterated the positive fundamentals previously discussed, which include the appeal of its target markets and its focus on providing solutions.
Additionally, SunOpta’s robust supply chain capabilities and potential for growth were emphasized as key strengths. These elements collectively contribute to a favorable outlook for the company, justifying the Buy rating.
In another report released on March 4, D.A. Davidson also maintained a Buy rating on the stock with a $9.00 price target.