Needham Maintains Buy on Trulieve Cannabis, Raises Price Target to $13.5
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Matt McGinley has maintained a Buy rating on Trulieve Cannabis (OTC:TCNNF) and increased the price target from $6.5 to $13.5, indicating a positive outlook on the company's future performance.
March 01, 2024 | 10:19 am
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Needham analyst Matt McGinley has reaffirmed a Buy rating on Trulieve Cannabis and raised the price target from $6.5 to $13.5.
The significant increase in the price target by a reputable analyst suggests a strong confidence in Trulieve Cannabis's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
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IMPORTANCE 90
RELEVANCE 100