JPMorgan Chase & Co. Initiates Coverage on Once Upon A Farm (NYSE:OFRM)

JPMorgan Chase & Co. began coverage on shares of Once Upon A Farm (NYSE:OFRM) in a research note issued on Tuesday, Marketbeat reports. The brokerage set an “overweight” rating and a $29.00 price target on the organic kids food company’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 21.64% from the stock’s previous close.

OFRM has been the subject of a number of other research reports. Wall Street Zen upgraded Once Upon A Farm to a “hold” rating in a research report on Saturday, February 14th. TD Cowen assumed coverage on Once Upon A Farm in a research note on Tuesday. They issued a “hold” rating and a $26.00 target price for the company. Zacks Research upgraded shares of Once Upon A Farm to a “hold” rating in a research note on Wednesday, February 18th. The Goldman Sachs Group started coverage on shares of Once Upon A Farm in a report on Tuesday. They issued a “buy” rating and a $43.00 price target on the stock. Finally, Oppenheimer initiated coverage on shares of Once Upon A Farm in a research note on Tuesday. They issued an “outperform” rating and a $35.00 price objective for the company. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Once Upon A Farm has an average rating of “Moderate Buy” and an average price target of $29.38.

Once Upon A Farm Price Performance

Once Upon A Farm stock opened at $23.84 on Tuesday. Once Upon A Farm has a 52 week low of $20.11 and a 52 week high of $27.00.

Insider Buying and Selling

In related news, Director Walter E. Iv Robb acquired 5,555 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The stock was acquired at an average cost of $18.00 per share, with a total value of $99,990.00. Following the completion of the purchase, the director directly owned 145,970 shares in the company, valued at approximately $2,627,460. This trade represents a 3.96% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Key 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

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.