Bank of America Begins Coverage on Once Upon A Farm (NYSE:OFRM)

Investment analysts at Bank of America started coverage on shares of Once Upon A Farm (NYSE:OFRMGet Free Report) in a research report issued on Tuesday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $26.00 price target on the organic kids food company’s stock. Bank of America‘s price objective suggests a potential upside of 9.06% from the company’s previous close.

OFRM has been the topic of a number of other reports. Zacks Research upgraded shares of Once Upon A Farm to a “hold” rating in a research note on Wednesday, February 18th. Wall Street Zen raised shares of Once Upon A Farm to a “hold” rating in a research note on Saturday, February 14th. Oppenheimer assumed coverage on shares of Once Upon A Farm in a research report on Tuesday. They issued an “outperform” rating and a $35.00 price target for the company. Finally, TD Cowen started coverage on shares of Once Upon A Farm in a research note on Tuesday. They issued a “hold” rating and a $26.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $29.38.

View Our Latest Research Report on OFRM

Once Upon A Farm Trading Up 2.4%

OFRM stock opened at $23.84 on Tuesday. Once Upon A Farm has a 12-month low of $20.11 and a 12-month high of $27.00.

Insider Activity at Once Upon A Farm

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

More Once Upon A Farm News

Here are the key news stories impacting Once Upon A Farm this week:

  • Positive Sentiment: Goldman Sachs initiated coverage with a “buy” and a $43 price target (about +80% upside), the most bullish call today and a key driver of the rally. Goldman Sachs coverage
  • Positive Sentiment: JPMorgan started coverage with an “overweight” and a $29 target (~+22% upside), adding institutional credibility and likely buying interest. JPMorgan coverage
  • Positive Sentiment: Oppenheimer initiated with an “outperform” and a $35 target (~+47% upside), reinforcing the bullish cohort of large-cap research houses. Oppenheimer coverage
  • Positive Sentiment: William Blair began coverage with an “outperform” (coverage noted by Zacks), adding another favorable institutional view. William Blair coverage
  • Positive Sentiment: Bank of America initiated with a “buy” and a $26 target (~+9% upside), contributing to consensus upside among several banks. Bank of America coverage
  • Neutral Sentiment: Evercore launched coverage with an “inline” and a $26 target (~+9% upside), a more cautious/benchmark view compared with the highest targets. Evercore coverage
  • Neutral Sentiment: Deutsche Bank and TD Cowen started coverage with “hold” ratings and $25–$26 targets (low-single-digit to mid-single-digit upside), signaling tempered expectations from some shops.
  • Neutral Sentiment: Barclays initiated with “equal weight” and a $25 target (~+4.9% upside), another moderate viewpoint that may cap upside for more risk-averse investors. Barclays coverage

Once Upon A Farm Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Once Upon A Farm (NYSE:OFRM)

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