Freedom Capital analyst Georgy Vashchenko initiated coverage of Mama‘s Creations (MAMA) with a Buy rating and $16 price target Mama’s Creations is well-positioned to benefit from growing consumer demand for convenient, fresh meal solutions, supported by broad national distribution and a focus on product quality and innovation, the analyst tells investors in a research note. Expansion of its branded footprint and new product launches should enable continued share gains as consumer preferences evolve, the firm adds.
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