Smart For Life Announces Initiation of Equity Analyst Coverage by Dawson James Securities
October 13 2022 - 09:15AM
Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the
“Company”), a high growth global leader in the Health &
Wellness sector marketing and manufacturing nutritional foods and
supplements worldwide, today announced that Jason H. Kolbert,
Managing Director & Senior Analyst at Dawson James Securities,
has initiated research coverage on the Company with a “Buy”
recommendation and $8 price target. The report is available for
download on the Dawson James Securities website.
Any opinions, estimates or forecasts by Dawson
James Securities regarding the Company’s performance are theirs
alone and do not represent opinions, forecasts or predictions of
Smart for Life or its management. Smart for Life does not by its
reference above or distribution imply its endorsement of or
concurrence with such information, conclusions or
recommendations.
About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is a high
growth global leader in the Health & Wellness sector, marketing
and manufacturing nutritional foods and supplements worldwide.
Structured as a publicly held international holding company, the
Company is executing a Buy-and-Build strategy with serial accretive
acquisitions creating a vertically integrated company with an
objective of aggregating companies generating a minimum of $300
million in revenues within the next thirty-six months. To drive
growth and earnings, Smart for Life is developing proprietary
products as well as acquiring other profitable companies,
encompassing brands, manufacturing and distribution channels. The
Company currently operates five subsidiaries including Doctors
Scientific Organica, Nexus Offers, Bonne Santé Natural
Manufacturing, GSP Nutrition/Sports Illustrated Nutrition and
Ceautamed Worldwide/Greens First. For more information about Smart
for Life, please visit: www.smartforlifecorp.com.
Video regarding the Company’s manufacturing
facility at Bonne Santé Natural Manufacturing is available at:
www.bonnesantemanufacturing.com/video.
Investor material and a Fact Sheet with
additional information about Smart for Life is available at:
www.smartforlifecorp.com/investor-center.
Forward-Looking Statements
This press release may contain information about
our views of future expectations, plans and prospects that
constitute forward-looking statements. All forward-looking
statements are based on management’s beliefs, assumptions and
expectations of Smart for Life’s future economic performance,
taking into account the information currently available to it.
These statements are not statements of historical fact. Although
Smart for Life believes the expectations reflected in such
forward-looking statements are based on reasonable assumptions, it
can give no assurance that its expectations will be attained. Smart
for Life does not undertake any duty to update any statements
contained herein (including any forward-looking statements), except
as required by law. No assurances can be made that Smart for Life
will successfully acquire its acquisition targets. Forward-looking
statements are subject to a number of factors, risks and
uncertainties, some of which are not currently known to us, that
may cause Smart for Life’s actual results, performance or financial
condition to be materially different from the expectations of
future results, performance or financial position. Actual results
may differ materially from the expectations discussed in
forward-looking statements. Factors that could cause actual results
to differ materially from expectations include general industry
considerations, regulatory changes, changes in local or national
economic conditions and other risks set forth in “Risk Factors”
included in our filings with the Securities and Exchange
Commission.
Investor Relations Contact
Crescendo Communications, LLCTel: (212)
671-1021SMFL@crescendo-ir.com
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