NEO:VRNO - Post Discussion
Post by
retiredcf on Nov 17, 2021 7:56am
Mixed Reactions
But still miles ahead of our current SP. GLTA
Canaccord’s Matt Bottomley cut his target for shares of Verano Holdings Corp. , a Chicago-based cannabis company, to $30 from $35 with a “buy” recommendation, while BTIG analyst Camilo Lyon raised his target to $48 from $45 with a “buy” rating. The average is $39.39.
“We believe VRNO is well positioned in its existing 15-statefootprint with several organic expansion projects underway and as it integrates various acquisitions all the while maintaining industry-leading high 40s+ adj. EBITDA margins,” said Mr. Lyon.
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