Curaleaf price target lowered to $5 from $7 at Roth MKM
The Fly

Curaleaf price target lowered to $5 from $7 at Roth MKM

Roth MKM lowered the firm’s price target on Curaleaf (CURLF) to $5 from $7 but keeps a Buy rating on the shares. The company reported a modest decrease in Q3 top-line growth but improved margins, as international revenue and operational emphasis inflects higher, the analyst tells investors in a research note. The firm adds however that attaining its EBITDA target will be dependent on international ramping, with improved 2025 utilization expected to drive margin improvement.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App