Roth MKM Reiterates Buy on 22nd Century Group, Maintains $5 Price Target
Portfolio Pulse from richadhand@benzinga.com
Roth MKM analyst Brian Wright has reiterated a 'Buy' rating on 22nd Century Group (NASDAQ:XXII) and maintained a $5 price target.
August 23, 2023 | 1:02 pm
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POSITIVE IMPACT
22nd Century Group's stock rating has been reiterated as 'Buy' by Roth MKM with a maintained price target of $5.
The reiteration of a 'Buy' rating by a reputable analyst like Brian Wright from Roth MKM is a positive signal for investors. This could potentially lead to an increase in the stock's demand, and subsequently, its price in the short term. The maintained price target of $5 also indicates the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100