Analyst expects Sovos Brands to thrive in sleepy categories

摘要

Credit Suisse has initiated coverage of Sovos Brands, giving the packaged foods company a rating of outperform and setting a target share price of $17. Sovos Brands began trading on the Nasdaq on Sept. 23 and closed at $13.52 that day. The price closed at $14.17 on Oct. 15.