5 Analysts Assess Urban-gro: What You Need To Know
Portfolio Pulse from Benzinga Insights
Over the past three months, five analysts have evaluated Urban-gro (NASDAQ:UGRO), with all ratings being bullish. The average 12-month price target is $7.05, down 3.82% from the previous $7.33. Key analysts have maintained their 'Buy' ratings, with one lowering the price target from $6.00 to $3.25. Urban-gro faces revenue challenges but shows strong net margins and efficient asset management.

May 29, 2024 | 2:01 pm
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Urban-gro (NASDAQ:UGRO) has received five bullish ratings from analysts over the past three months. The average 12-month price target is $7.05, a 3.82% decrease from the previous target. Key analysts have maintained their 'Buy' ratings, with one lowering the price target from $6.00 to $3.25. The company faces revenue challenges but shows strong net margins and efficient asset management.
The unanimous bullish ratings from analysts suggest positive sentiment towards Urban-gro. Despite a slight decrease in the average price target, the maintained 'Buy' ratings indicate confidence in the company's future performance. The revenue challenges are offset by strong net margins and efficient asset management, which are positive indicators for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100