Simply Good Foods price target lowered to $27 from $32 at Jefferies

Jefferies lowered the firm’s price target on Simply Good Foods (SMPL) to $27 from $32 and keeps a Hold rating on the shares. OWYN continues to slow, Atkins will take time to stabilize, and input cost inflation will weigh on the first half, says the analyst, who thinks Simply ends FY25 in-line with expectations and guides FY26 to below its algorithm.