Simply Good Foods price target lowered to $38 from $42 at DA Davidson

DA Davidson analyst Brian Holland lowered the firm’s price target on Simply Good Foods (SMPL) to $38 from $42 and keeps a Neutral rating on the shares. The company’s Atkins optimization, cost inflation, and tariffs drag the firm’s view of FY26 from a potentially above algorithm year a few months ago to low single digit EBITDA growth, the analyst tells investors in a research note. The firm adds that it expects shares to remain rangebound or worse in the near term as consensus revises FY26E lower.