HF Foods Group initiated with a Buy at Roth Capital

Roth Capital initiated coverage of HF Foods Group (HFFG) with a Buy rating and $7 price target The company is uniquely positioned to service the needs of the “rapidly growing” Asian-specialty restaurant segment, the analyst tells investors in a research note. The firm says that with new square footage coming online and resources appropriately focused on core operations, HF is poised for growth and improved profitability.