Sow Good price target raised to $25 from $20 at Craig-Hallum

Craig-Hallum raised the firm’s price target on Sow Good to $25 from $20 and keeps a Buy rating on the shares. Sow Good is the leading producer of freeze-dried candy, a category experiencing explosive growth from pent-up demand for innovation in the stagnant candy industry. The firm thinks the Sow Good brand will become synonymous with the category itself – or “the Red Bull of Freeze-Dried Candy” – and that an investment in the stock today offers investors the opportunity to buy into a brand new category with unusually high confidence in picking that category’s winner.