Mama’s Creations price target raised to $18 from $15 at Lake Street

Lake Street raised the firm’s price target on Mama‘s Creations (MAMA) to $18 from $15 and keeps a Buy rating on the shares following what the firm calls “another solid quarter.” The firm thinks the multiple can expand as the company continues to execute and progresses toward its long-term target of $1B in revenue, the analyst tells investors.