Cal-Maine Foods, Inc. (CALM)’s Long-Term Outlook Remains Intact Despite Short-Term Headwinds

We recently published an article titled 10 High Growth Food Stocks To Buy.  On January 8, Stephens analyst Pooran Sharma lowered the firm’s price target on Cal-Maine Foods, Inc. (NASDAQ:CALM) to $85 from $95 while maintaining an Equal Weight rating on the shares. The analyst noted that while the company’s second-quarter adjusted EPS exceeded both firm and consensus expectations, earnings declined meaningfully year over year as egg prices continued to normalize from the multi-year highs seen earlier in the ...