Lake Street Maintains Buy on GrowGeneration, Lowers Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Lake Street analyst Mark Smith maintains a Buy rating on GrowGeneration (NASDAQ:GRWG) but lowers the price target from $5 to $4.

July 26, 2024 | 4:37 pm
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NEUTRAL IMPACT
Lake Street analyst Mark Smith maintains a Buy rating on GrowGeneration but lowers the price target from $5 to $4.
The Buy rating suggests continued confidence in the company's long-term prospects, but the lowered price target indicates some short-term concerns or adjustments in valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100