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Bullboard - Stock Discussion Forum Greenlane Renewables Inc T.GRN

Alternate Symbol(s):  GRNWF

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and... see more

TSX:GRN - Post Discussion

Greenlane Renewables Inc > Revised Targets
View:
Post by retiredcf on Nov 10, 2022 7:23am

Revised Targets

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
Comment by bmbruce on Nov 10, 2022 11:49am
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."
Comment by miscstuff on Nov 15, 2022 2:16pm
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.
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