Echelon Wealth Partners analyst Matthew Pallotta maintained a Buy rating on Fire & Flower Holdings (FFLWF) yesterday and set a price target of C$2.10. The company’s shares closed last Monday at $0.60, close to its 52-week low of $0.56.
According to TipRanks.com, Pallotta ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -19.4% and a 5.6% success rate. Pallotta covers the Healthcare sector, focusing on stocks such as iAnthus Capital Holdings, Green Thumb Industries, and Trulieve Cannabis.
Fire & Flower Holdings has an analyst consensus of Strong Buy, with a price target consensus of $1.86, representing a 234.5% upside. In a report issued on January 27, Stifel Nicolaus also maintained a Buy rating on the stock with a C$2.25 price target.
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