Mama’s Creations price target raised to $19 from $18 at DA Davidson

DA Davidson raised the firm’s price target on Mama‘s Creations (MAMA) to $19 from $18 and keeps a Buy rating on the shares after its Q3 results. Based on the company’s progress in key areas of “customers, Costco (COST), and cost of goods sold”, the firm now sees a path for this stock to triple over the next three years on continued execution against a $1B revenue target by FY30, the analyst tells investors in a research note.