Greenridge raised the firm’s price target on Barfresh Food Group (BRFH) to $6 from $4.50 and keeps a Buy rating on the shares. Barfresh recently completed the acquisition of Arps Dairy, which “appears to be a game changer” by securing ingredient supply and stabilizing product manufacturing, while opening up additional capacity for new growth initiatives, the analyst tells investors.
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Read More on BRFH:
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- Barfresh Food Group: Strategic Acquisitions and Promising Revenue Guidance Justify Buy Rating
- Barfresh Food Group Reports Record Q3 Revenue
- Barfresh Food Group Acquires Arps Dairy to Boost Growth
- BRFH Earnings Report this Week: Is It a Buy, Ahead of Earnings?