Mizuho lowered the firm’s price target on Simply Good Foods (SMPL) to $30 from $35 and keeps an Outperform rating on the shares following the fiscal Q1 report. The firm left the quarter confident Simply’s fiscal 2026 guidance is achievable. The consensus EBITDA estimate, which is at the midpoint of guidance, can be attained if not exceeded, the analyst tells investors in a research note. Mizuho cites peer multiple compression for the target cut.
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