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Analysts Are Bullish On This Cannabis Stock, Should You Roll With Greenlane Holdings Inc (GNLN) Monday?

Monday, October 18, 2021 02:09 PM | InvestorsObserver Analysts
Analysts Are Bullish On This Cannabis Stock, Should You Roll With Greenlane Holdings Inc (GNLN) Monday?

GNLN stock is lower by 5.54% Monday as the cannabis stock decreases $0.13 and underperforms the market. InvestorsObserver is giving Greenlane Holdings Inc (GNLN) an Analyst Rating Rank of 75, meaning GNLN is ranked higher by analysts than 75% of stocks. The average price target for GNLN is $5.66 and analyst’s rate the stock as a Strong Buy.

Overall Score - 5
Wall Street analysts are rating GNLN a Strong Buy today. Find out what this means to you and get the rest of the rankings on GNLN!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Greenlane Holdings Inc Stock Today?

Greenlane Holdings Inc (GNLN) stock has fallen -5.54% while the S&P 500 is up 0.19% as of 1:52 PM on Monday, Oct 18. GNLN has fallen -$0.13 from the previous closing price of $2.33 on volume of 645,108 shares. Over the past year the S&P 500 is up 30.72% while GNLN has fallen -26.91%. GNLN lost -$1.06 per share the over the last 12 months. Click Here to get the full Stock Report for Greenlane Holdings Inc stock.

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