RiceBran Technologies (RIBT): Let's see when Mark Smith switches t...

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Tuesday, 05/03/2022 9:02:43 AM

Tuesday, May 03, 2022 9:02:43 AM

Let's see when Mark Smith switches to a BUY rating
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October 28, 2021
09:02 EDT RIBT
RiceBran downgraded to Hold from Buy at Lake Street
Lake Street analyst Mark Smith downgraded RiceBran to Hold from Buy with a price target of 65c, down from $1.50, after the company reported third quarter results below his expectations. Though the company stated that the fourth quarter is progressing better than the third, he is hesitant as the largely unchanged supply chain and logistical environment creates a tough operating environment, Smith tells investors.

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