Needham Reiterates Buy on Verano Holdings, Maintains $7 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Matt McGinley reiterated a Buy rating on Verano Holdings (OTC:VRNOF) and maintained a $7 price target.
May 08, 2024 | 3:36 pm
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Needham analyst Matt McGinley reiterated a Buy rating on Verano Holdings with a $7 price target.
The reiteration of a Buy rating and maintenance of a $7 price target by a reputable analyst like Matt McGinley from Needham is likely to instill confidence among investors and could positively influence Verano Holdings' stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100