Mama’s Creations price target raised to $15 from $11 at Lake Street

Lake Street raised the firm’s price target on Mama‘s Creations (MAMA) to $15 from $11 and keeps a Buy rating on the shares following what the firm calls “another strong quarter.” The integration of Crown 1 positions Mama’s for its next phase of growth, contends the analyst, who sees room for multiple expansion given continued momentum, the beginning of integration and further scale opportunities.