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Calavo Growers resumed with an Equal Weight at Stephens

Stephens analyst Pooran Sharma resumed coverage of Calavo Growers (CVGW) with an Equal Weight rating and $28 price target Calavo remains highly exposed to avocado commodity pricing, which has seen near-term pressure due to elevated Peruvian supply, so the firm recommends waiting on the sidelines until pricing stabilizes and earnings visibility improves.

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