Needham Maintains Buy on Green Thumb Industries, Raises Price Target to $15.5
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Matt McGinley has maintained a Buy rating on Green Thumb Industries (OTC:GTBIF) and increased the price target from $11 to $15.5, indicating a positive outlook on the company's future performance.
February 29, 2024 | 2:14 pm
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POSITIVE IMPACT
Needham analyst Matt McGinley has reaffirmed a Buy rating on Green Thumb Industries and raised the price target from $11 to $15.5.
The increase in price target by a reputable analyst such as Matt McGinley from Needham suggests a strong confidence in Green Thumb Industries' future performance. This endorsement is likely to positively influence investor sentiment and could lead to an increase in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100