Once Upon A Farm (NYSE:OFRM) Upgraded at Wall Street Zen

Once Upon A Farm (NYSE:OFRM) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

OFRM has been the topic of several other research reports. TD Cowen lowered their price target on shares of Once Upon A Farm from $26.00 to $18.00 and set a “hold” rating on the stock in a research report on Monday, April 20th. The Goldman Sachs Group began coverage on shares of Once Upon A Farm in a research report on Tuesday, March 3rd. They set a “buy” rating and a $43.00 price target on the stock. Bank of America began coverage on shares of Once Upon A Farm in a research report on Tuesday, March 3rd. They set a “buy” rating and a $26.00 price target on the stock. Oppenheimer began coverage on shares of Once Upon A Farm in a research report on Tuesday, March 3rd. They set an “outperform” rating and a $35.00 price target on the stock. Finally, Barclays decreased their target price on shares of Once Upon A Farm from $25.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 14th. Five research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Once Upon A Farm has a consensus rating of “Moderate Buy” and an average target price of $26.75.

Once Upon A Farm Stock Performance

Shares of OFRM stock opened at $14.91 on Friday. The firm’s 50-day moving average price is $18.72. Once Upon A Farm has a twelve month low of $14.30 and a twelve month high of $27.00.

Once Upon A Farm (NYSE:OFRM) last announced its quarterly earnings results on Thursday, March 12th. The organic kids food company reported $0.11 earnings per share for the quarter, meeting the consensus estimate of $0.11. The firm had revenue of $64.03 million for the quarter, compared to analyst estimates of $62.65 million.

Insider Activity

In other Once Upon A Farm news, Director Walter E. Iv Robb purchased 5,555 shares of Once Upon A Farm stock in a transaction dated Monday, February 9th. The shares were acquired at an average price of $18.00 per share, with a total value of $99,990.00. Following the completion of the transaction, the director owned 145,970 shares of the company’s stock, valued at $2,627,460. This trade represents a 3.96% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

About Once Upon A Farm

Once Upon A Farm (NYSE: OFRM) is a U.S.-based producer of refrigerated organic foods for infants, toddlers and young children. The company’s product lineup emphasizes cold-pressed, organic purees, blends and smoothies formulated for early childhood nutrition. Its offerings are positioned around whole-food ingredients, limited processing and claims of no artificial preservatives or added sugars, with packaging designed for convenience and on-the-go feeding.

Once Upon A Farm distributes its products through a combination of retail and direct-to-consumer channels, serving customers primarily across the United States.