Roth MKM Maintains Buy Rating for Mission Produce: Here's What You Need To Know

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Roth MKM has decided to maintain its Buy rating of Mission Produce AVO and lower its price target from $18.00 to $12.50.

Shares of Mission Produce are trading up 0.0% over the last 24 hours, at $8.87 per share.

A move to $12.50 would account for a 40.92% increase from the current share price.

About Mission Produce

Mission Produce Inc is engaged in the business of producing and distributing avocados. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a global distribution network.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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