Eos Energy stock falls after Fuzzy Panda issues short report
Investing.com - DA Davidson lowered its price target on Marzetti Company (NASDAQ:MZTI) to $179.00 from $193.00 on Tuesday, while maintaining a Neutral rating on the stock. The company, currently trading at $162.66, sits near its 52-week low of $156.14, despite maintaining a GREAT financial health score according to InvestingPro data.
The research firm attributed the price target reduction to lower revised estimates following Marzetti’s fourth-quarter 2025 results and further multiple contraction across the food sector.
DA Davidson noted that Marzetti’s outlook for fiscal year 2026 appears reasonable, with expectations for low single-digit net sales growth yielding mid-single-digit earnings growth.
The firm highlighted that Marzetti has limited trade and policy risk exposure, while its readiness for mergers and acquisitions provides optionality for the company.
Despite viewing the risk-reward as "modestly favorable" at current levels, DA Davidson remains on the sidelines, citing the absence of a "clearly visible catalyst to drive upside" for Marzetti stock.
In other recent news, Marzetti Company reported its fourth-quarter fiscal 2025 earnings, achieving an earnings per share (EPS) of $1.34, which met analysts’ expectations. The company also surpassed revenue forecasts, posting $475.4 million, excluding a temporary supply contract at its Atlanta facility. Benchmark responded by raising its price target for Marzetti to $200 from $185, maintaining a Buy rating. DA Davidson maintained its price target at $193 and reiterated a Neutral rating, noting the company’s "solid" quarterly performance. These developments come after Marzetti exceeded DA Davidson’s "street high net sales forecast." Despite this strong performance, Marzetti’s stock experienced a slight decline in premarket trading, reflecting broader market trends. These updates highlight the company’s recent financial achievements and the mixed reactions from different analyst firms.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.