Roth MKM Maintains Buy on Cannabist Holdings, Lowers Price Target to $0.75
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Scott Fortune has maintained a Buy rating on Cannabist Holdings (OTC:CBSTF) but has lowered the price target from $1 to $0.75.

March 15, 2024 | 2:02 pm
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Cannabist Holdings' Buy rating is maintained by Roth MKM, but the price target is reduced from $1 to $0.75.
The reduction in the price target by Roth MKM, despite maintaining a Buy rating, suggests a reassessment of Cannabist Holdings' short-term valuation potential. This could lead to a negative perception among investors, potentially impacting the stock's short-term price negatively.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100