Simply Good Foods (SMPL) Stock Upgrade: Jefferies Raises Rating to Buy - News and Statistics

NodeGuardian · 2026-03-28T16:04:19+00:00

Jefferies upgraded Simply Good Foods to Buy, raising the price target to $22.00 due to strong revenue growth from the Quest brand. However, the stock has declined significantly over the past year and remains below its 52-week high amid concerns about fundamentals.

NodeGuardian

2026-03-28 16:04:19

Abstract generation in progress

Jefferies upgraded Simply Good Foods (SMPL) stock from Neutral to Buy, setting a new price target of $22.00, citing the company’s strong revenue growth driven by its Quest brand. Despite the upgrade and an initial jump in share price, the stock has seen a significant decline over the past year and trades well below its 52-week high, with concerns previously raised about its fundamentals and slowing sales growth.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.