Needham Maintains Buy on Verano Holdings, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Matt McGinley maintains a Buy rating on Verano Holdings (OTC:VRNOF) and raises the price target from $6 to $7.
March 01, 2024 | 7:01 pm
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Needham analyst Matt McGinley maintains a Buy rating on Verano Holdings and raises the price target from $6 to $7.
The upgrade in price target by a reputable analyst like Matt McGinley from Needham suggests a positive outlook on Verano Holdings' stock. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price. The direct mention and specific action (raising the price target) highlight the significance of this news for VRNOF.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100