Roth Capital Reiterates Neutral On Jamba, $13 Price Target

Roth Capital analyst Anton Brenner reiterated a Neutral rating on Jamba (NASDAQ:JMBA) with a $13 price target, which represents a potential upside of 6% from where the stock is currently trading.

Brenner noted, “The rollout of Jamba’s juice platform is negatively impacting store margins initially due to higher ingredient costs and increased labor expense. We expect that these initially high costs may moderate going forward. An important key will be whether the shift to juice can rescue the extreme seasonality of JMBA’s business. Reduced G&A spending and a share repurchase program are positive developments as well.”

According to, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Anton Brenner has a total average return of 10.6% and a 64.9% success rate. Brenner has a average return when recommending JMBA, and is ranked #582 out of 3362 analysts.

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