Gorilla price target raised to $35 from $18 at Northland

Northland analyst Michael Latimore raised the firm’s price target on Gorilla (GRRR) to $35 from $18 and keeps an Outperform rating on the shares after Gorilla announced the ONE AMAZON deal, which provides forest monitoring services and has “major global backers.” Following the news, the firm has more confidence in its outlook, which it notes it is also “slightly increasing.”