Small Cap Consumer Research Reiterates Buy on Urban-gro, Maintains $8 Price Target
Portfolio Pulse from Benzinga Newsdesk
Small Cap Consumer Research analyst Eric Beder has reiterated a 'Buy' rating on Urban-gro (NASDAQ:UGRO) and maintained an $8 price target.
August 15, 2023 | 1:07 pm
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POSITIVE IMPACT
Urban-gro's stock rating has been reiterated as 'Buy' by Small Cap Consumer Research analyst Eric Beder, with a maintained price target of $8.
The reiteration of a 'Buy' rating by an analyst typically has a positive impact on the stock as it signals confidence in the company's performance. The maintained price target of $8 also indicates that the analyst believes the stock is undervalued at its current price, which could lead to increased buying pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100