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Craig-Hallum Sticks to Its Buy Rating for Mama’s Creations (MAMA)
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Craig-Hallum Sticks to Its Buy Rating for Mama’s Creations (MAMA)

Craig-Hallum analyst Eric Des Lauriers reiterated a Buy rating on Mama’s Creations (MAMAResearch Report) today and set a price target of $8.00. The company’s shares closed yesterday at $5.07.

According to TipRanks, Des Lauriers is a 4-star analyst with an average return of 8.1% and a 39.47% success rate. Des Lauriers covers the Consumer Defensive sector, focusing on stocks such as Turning Point Brands, Mama’s Creations, and Vita Coco Company.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Mama’s Creations with a $7.00 average price target, representing a 38.07% upside. In a report released today, Lake Street also reiterated a Buy rating on the stock with a $7.00 price target.

MAMA market cap is currently $192.9M and has a P/E ratio of 27.57.

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Mama’s Creations (MAMA) Company Description:

MamaMancini’s Holdings, Inc. engages in the marketing of specialty prepared, frozen, and refrigerated foods for sale in retailers. Its products include meatballs with Italian sauce, meatloaf, and Italian entrees as well as beef, turkey, chicken, and pork. The company was founded by Daniel Dougherty on July 22, 2009 and is headquartered in East Rutherford, NJ.

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