Needham Maintains Buy on Green Thumb Industries, Raises Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Matt McGinley has maintained a Buy rating on Green Thumb Industries (OTC:GTBIF) and increased the price target from $15.5 to $17, indicating a positive outlook on the company's stock.
May 09, 2024 | 10:01 am
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Needham analyst Matt McGinley maintains a Buy rating on Green Thumb Industries and raises the price target from $15.5 to $17.
The increase in price target by a reputable analyst like Matt McGinley suggests a strong confidence in Green Thumb Industries' future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100