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Stock impact report

Coffee Holding: Stellar Q1, Improved Prospects, Bargain Valuation - Strong Buy [Seeking Alpha]

Coffee Holding Co., Inc. (JVA) 
US:NASDAQ Investor Relations: coffeeholding.com
Company Research Source: Seeking Alpha
Management attributed the strong performance to the elimination of tariffs and improved operating efficiencies resulting from the recent closure of the company's North Andover, Massachusetts facility. The company generated $5.4 million in free cash flow and ended the quarter in a net cash position. Should Coffee Holding manage to deliver similarly profitable results for the remainder of the year, upside in the company's shares would be well north of 100%. Consequently, I am reiterating my "Strong Buy" rating on the Coffee Holding's shares while raising my price target from $8.00 to $8.40. Looking for a helping hand in the market? Members of Value Investor's Edge get exclusive ideas and guidance to navigate any climate. Learn More » Henrik Sorensen/DigitalVision via Getty Images Note: I have covered Coffee Holding Co., Inc., or "Coffee Holding" ( JVA ) previously, so investors should view this as an update to my earlier articles on the company. Six months ago, I upgrad Show less Read more
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