Page 37 - Sovos Brands News Today

Sovos Brands (NASDAQ:SOVO – Get Rating) had its price objective lifted by Loop Capital from $20.00 to $24.00 in a research report released on Thursday, The Fly reports. Several other equities research analysts have also recently commented on SOVO. Piper Sandler boosted their target price on Sovos Brands from $16.00 to $17.00 and gave the […]

LOUISVILLE, Colo., May 15, 2023 -- Sovos Brands, Inc. , one of the fastest growing food companies of scale in the United States, today announced that certain stockholders of Sovos Brands intend... | May 15, 2023

Sales of Rao’s pasta sauce “exceeded expectations” for food-brands umbrella company Sovos Brands Inc. (Nasdaq: SOVO) in the first quarter.

Sovos Brands, Inc. (NASDAQ:SOVO – Get Rating) insider Risa Cretella sold 12,182 shares of Sovos Brands stock in a transaction on Thursday, May 11th. The shares were sold at an average price of $19.53, for a total value of $237,914.46. Following the completion of the transaction, the insider now owns 269,104 shares of the company’s […]

Sovos Brands, Inc. (NASDAQ:SOVO – Get Rating) – Research analysts at William Blair dropped their Q3 2023 earnings estimates for shares of Sovos Brands in a research report issued on Thursday, May 11th. William Blair analyst J. Andersen now anticipates that the company will earn $0.14 per share for the quarter, down from their previous […]

Sovos Brands (NASDAQ:SOVO – Get Rating) had its price target lifted by Loop Capital from $20.00 to $24.00 in a research note published on Thursday morning, The Fly reports. SOVO has been the topic of a number of other reports. Barclays increased their price objective on shares of Sovos Brands from $17.00 to $19.00 and […]

Sovos Brands, Inc. (NASDAQ:SOVO – Get Rating) – Equities researchers at William Blair cut their Q3 2023 earnings estimates for Sovos Brands in a research note issued to investors on Thursday, May 11th. William Blair analyst J. Andersen now expects that the company will earn $0.14 per share for the quarter, down from their previous […]

Sovos Brands is banking on increasing household penetration for its Rao’s sauces line to get to this year’s revised sales target.

Sovos Brands, Inc. (NASDAQ:SOVO – Get Rating) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $18.00 and last traded at $17.99, with a volume of 234098 shares. The stock had previously closed at $17.45. Analyst Ratings Changes Several research firms recently commented on SOVO. Stifel Nicolaus […]

Sovos Brands, Inc. (NASDAQ:SOVO – Get Rating) was the recipient of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 2,820,000 shares, a growth of 41.7% from the March 31st total of 1,990,000 shares. Currently, 7.7% of the company’s stock are sold short. Based […]