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Stock impact report

Mama's Creations (MAMA) Fuels Confidence Following Q4 Outperformance [Yahoo! Finance]

Mama's Creations, Inc. (MAMA) 
Company Research Source: Yahoo! Finance
On April 16, DA Davidson increased the price target on Mama's Creations Inc. (NASDAQ:MAMA) from $24 to $25, resulting in an adjusted upside of almost 73%. The firm also maintained a Buy rating on the stock based on its fourth-quarter performance. DA Davidson noted that fourth-quarter performance was better than expected across major parameters, primarily driven by the incremental Costco multi-vendor mailer. The firm considers the stock its most attractive bet in the food industry due to various growth drivers over the coming years. With new stores and new items at current stores, there exists a chance that sales growth could be higher than the projected 12% and is expected to reach 20%. Earlier on April 15, the company announced fourth-quarter revenue of $54 million, surpassing the expected $52.36 million. Adam Michaels, chairman & CEO, described fiscal 2026 as a pivotal year for the company. The company's revenue surged by 39%, reaching $117.7 million, and adjusted EBITDA grew b Show less Read more
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