Craig-Hallum Maintains Buy Rating for Village Farms Intl: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Craig-Hallum has maintained its Buy rating for Village Farms Intl (NASDAQ:VFF) and increased its price target from $1.00 to $1.20. Shares of VFF have risen 7.11% in the last 24 hours to $0.75. The new price target suggests a potential 60.02% increase from the current price. Village Farms Intl operates agricultural greenhouse facilities and owns subsidiaries in the cannabis and CBD product sectors.
March 14, 2024 | 5:00 pm
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Craig-Hallum maintains Buy rating for Village Farms Intl, raising price target to $1.20. Shares have increased by 7.11% to $0.75, with the new target indicating a potential 60.02% rise.
The maintenance of a Buy rating and the increase in price target by Craig-Hallum are strong positive signals for Village Farms Intl. The analyst's outlook suggests confidence in the company's future performance, particularly given its diverse operations in agricultural products and the cannabis sector. The recent 7.11% increase in share price further supports the positive sentiment around VFF, and the new price target represents a significant potential upside.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100