Roth MKM Maintains Neutral on Cresco Labs, Raises Price Target to $2
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Fortune has maintained a Neutral rating on Cresco Labs (OTC:CRLBF) and increased the price target from $1.75 to $2.
March 14, 2024 | 3:44 pm
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Roth MKM analyst Scott Fortune has maintained a Neutral rating on Cresco Labs but raised the price target from $1.75 to $2.
The increase in price target from $1.75 to $2 by Roth MKM suggests a positive outlook on Cresco Labs' valuation, potentially leading to a short-term positive impact on the stock price. However, the maintenance of a Neutral rating indicates that the analyst sees limited upside or potential challenges that could cap significant gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100