Roth MKM analyst George Kelly raised the firm’s price target on Sow Good to $21 from $15 and keeps a Buy rating on the shares. The company’s Q1 earnings beat the firm’s estimates while increasing its confidence in the outlook and modeled revenue build, the analyst tells investors in a research note. Even with the stock having appreciated more than 50% over the past five days, the firm remains positive on Sow Good’s risk/reward profile, Roth MKM added.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SOWG: