Matt McGinley analyst at Needham reiterates coverage on Trulieve Cannabis (TCNNF) in the Basic Materials sector with a Buy rating. TipRanks.com has McGinley rated as a 4.1 star analyst with a 36% return on investment and a 13.7% success rate. McGinley has set a price target of $ 27.
TipRanks.com reports that Trulieve Cannabis currently has 8 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $44.44. The target pricing ranges from a high forecast of $57.00 down to a low forecast of $27.00. Trulieve Cannabis (TCNNF)’s last closing price was $13.4 which would put the average price target at 231.64% upside.
In addition, TradingView issued a Sell rating for TCNNF over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on TCNNF.
Other analysts covering TCNNF include:
- Andrew Semple of Echelon Wealth Partners issued a Buy rating with the price target of $ 43.31 on 2 days ago
- Camilo Lyon of BTIG issued a Buy rating with the price target of $ 50.39 on 2 days ago
- Pablo Zuanic of Cantor Fitzgerald issued a Buy rating with the price target of $ 57 on 4 weeks ago
- Scott Fortune of Roth Capital issued a Buy rating with the price target of $ 40 on 4 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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