| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 11/06/2023 | 6.04% | Telsey Advisory Group | → $23 | Reiterates | Outperform → Outperform |
| 08/09/2023 | 6.04% | Piper Sandler | $20 → $23 | Downgrades | Overweight → Neutral |
| 08/08/2023 | 6.04% | Stephens & Co. | → $23 | Downgrades | Overweight → Equal-Weight |
| 08/08/2023 | — | William Blair | Downgrades | Outperform → Market Perform | |
| 08/08/2023 | 6.04% | Stifel | $21 → $23 | Downgrades | Buy → Hold |
| 08/08/2023 | 6.04% | JP Morgan | $21 → $23 | Downgrades | Overweight → Neutral |
| 08/08/2023 | 6.04% | Telsey Advisory Group | $22 → $23 | Downgrades | Outperform → Market Perform |
| 08/07/2023 | — | Needham | Downgrades | Buy → Hold | |
| 08/07/2023 | 1.43% | Telsey Advisory Group | → $22 | Reiterates | Outperform → Outperform |
| 07/18/2023 | 3.73% | Needham | → $22.5 | Reiterates | Buy → Buy |
| 06/23/2023 | 6.04% | Stephens & Co. | → $23 | Initiates Coverage On | → Overweight |
| 05/31/2023 | 3.73% | Needham | → $22.5 | Initiates Coverage On | → Buy |
| 05/12/2023 | 1.43% | Barclays | $19 → $22 | Maintains | Overweight |
| 05/11/2023 | 10.65% | Loop Capital | $20 → $24 | Maintains | Buy |
| 05/11/2023 | -3.18% | Stifel | $19 → $21 | Maintains | Buy |
| 05/11/2023 | 1.43% | Telsey Advisory Group | $20 → $22 | Maintains | Outperform |
| 05/04/2023 | -7.79% | Telsey Advisory Group | $18 → $20 | Maintains | Outperform |
| 04/14/2023 | -12.4% | Barclays | $17 → $19 | Maintains | Overweight |
| 04/14/2023 | -12.4% | Stifel | → $19 | Reinstates | → Buy |
| 03/09/2023 | -21.62% | Piper Sandler | $16 → $17 | Maintains | Overweight |
| 03/09/2023 | -17.01% | Telsey Advisory Group | $17 → $18 | Maintains | Outperform |
| 03/07/2023 | -21.62% | Telsey Advisory Group | → $17 | Reiterates | → Outperform |
| 12/08/2022 | -26.23% | UBS | $17 → $16 | Downgrades | Buy → Neutral |
| 03/30/2022 | -26.23% | UBS | → $16 | Initiates Coverage On | → Buy |
| 03/16/2022 | -21.62% | Telsey Advisory Group | $18 → $17 | Maintains | Outperform |
| 11/10/2021 | -17.01% | Telsey Advisory Group | $17 → $18 | Maintains | Outperform |
| 10/18/2021 | -7.79% | Loop Capital | → $20 | Initiates Coverage On | → Buy |
| 10/18/2021 | — | William Blair | Initiates Coverage On | → Outperform | |
| 10/18/2021 | -12.4% | B of A Securities | → $19 | Initiates Coverage On | → Buy |
| 10/18/2021 | -21.62% | Stifel | → $17 | Initiates Coverage On | → Buy |
| 10/18/2021 | -7.79% | Cowen & Co. | → $20 | Initiates Coverage On | → Outperform |
| 10/18/2021 | -21.62% | Credit Suisse | → $17 | Initiates Coverage On | → Outperform |
| 10/18/2021 | -21.62% | JP Morgan | → $17 | Initiates Coverage On | → Overweight |
| 10/18/2021 | -21.62% | Telsey Advisory Group | → $17 | Initiates Coverage On | → Outperform |
| 10/18/2021 | -21.62% | Piper Sandler | → $17 | Initiates Coverage On | → Overweight |
| 10/18/2021 | -12.4% | Goldman Sachs | → $19 | Initiates Coverage On | → Buy |
What is the target price for Sovos Brands (SOVO)?
The latest price target for Sovos Brands (NASDAQ: SOVO) was reported by Telsey Advisory Group on November 6, 2023. The analyst firm set a price target for $23.00 expecting SOVO to rise to within 12 months (a possible 6.04% upside). 23 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Sovos Brands (SOVO)?
The latest analyst rating for Sovos Brands (NASDAQ: SOVO) was provided by Telsey Advisory Group, and Sovos Brands reiterated their outperform rating.
When is the next analyst rating going to be posted or updated for Sovos Brands (SOVO)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Sovos Brands, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Sovos Brands was filed on November 6, 2023 so you should expect the next rating to be made available sometime around November 6, 2024.
Is the Analyst Rating Sovos Brands (SOVO) correct?
While ratings are subjective and will change, the latest Sovos Brands (SOVO) rating was a reiterated with a price target of $0.00 to $23.00. The current price Sovos Brands (SOVO) is trading at is $21.69, which is within the analyst's predicted range.