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Pot Stock GrowGeneration Corp (GRWG) Surges 3.42% Tuesday; Analysts Call It A Buy, Are They Wrong?

Tuesday, October 04, 2022 02:43 PM | InvestorsObserver Analysts

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Pot Stock GrowGeneration Corp (GRWG) Surges 3.42% Tuesday; Analysts Call It A Buy, Are They Wrong?

GRWG stock is higher by 3.42% Tuesday as the pot stock increases $0.13 and outperforms the market. InvestorsObserver is giving GrowGeneration Corp (GRWG) an Analyst Rating Rank of 23, meaning GRWG is ranked higher by analysts than 23% of stocks. The average price target for GRWG is $7.593 and analyst’s rate the stock as a Buy.

Overall Score - 3.7
Wall Street analysts are rating GRWG a Buy today. Find out what this means to you and get the rest of the rankings on GRWG!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With GrowGeneration Corp Stock Today?

GrowGeneration Corp (GRWG) stock is trading at $3.78 as of 2:41 PM on Tuesday, Oct 4, a gain of $0.13, or 3.42% from the previous closing price of $3.65. The stock has traded between $3.67 and $3.88 so far today. Volume today is below average. So far 605,452 shares have traded compared to average volume of 845,662 shares. Click Here to get the full Stock Report for GrowGeneration Corp stock.

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