Mama’s Creations price target raised to $25 from $24 at DA Davidson

DA Davidson raised the firm’s price target on Mama‘s Creations (MAMA) to $25 from $24 and keeps a Buy rating on the shares after its Q4 results. The firm sees the company as its best idea in Food, noting a myriad organic and inorganic levers over the next several years, the analyst tells investors in a research note. Q4 results comfortably exceeded estimates across all key line items, led by the highly incremental Costco multi-vendor mailer, the firm added, also stating that the combination of new doors as well as new items at existing doors leaves open the possibility that organic sales grow closer to the 20% it has the past two years than the 12% that DA Davidson forecasting.