Greenlane Renewables Inc T.GRN

Revised Targets

[retiredcf]

Greenlane Renewables Inc. (GRN.V) Target Lowered by Canaccord Genuity Group

C$1.40 C$1.30

 

Greenlane Renewables Inc. (GRN.V) Target Lowered by Raymond James

C$2.25 C$1.75 Strong-Buy

[bmbruce]

for what it's worth....."downgraded by analysts at TD Securities from a "speculative buy" rating to a "hold" rating. They now have a C$0.75 price target on the stock, down previously from C$1.30."

[miscstuff]

I'm beginning to wonder if GRN has any salespeople. They coasted through last quarter burning up backlog. Revenue up last quarter 1.8 mil compared to previous quarter but used 4mil in backlog to get there. New contracts were 13.5 mil vs 20.1 previously.