Northland Securities Keeps a Buy Rating on Greenlane Holdings Inc (GNLN)


Northland Securities analyst Michael Grondahl maintained a Buy rating on Greenlane Holdings Inc (GNLN) today and set a price target of $19. The company’s shares closed last Monday at $8.86, close to its 52-week low of $7.31.

According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 14.2% and a 52.5% success rate. Grondahl covers the Financial sector, focusing on stocks such as Front Yard Residential Corporation, Altisource Portfolio Solutions SA, and Health Insurance Innovations.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Greenlane Holdings Inc with a $20.83 average price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $29 and a one-year low of $7.31. Currently, Greenlane Holdings Inc has an average volume of 250.8K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Greenlane Holdings, Inc. distributes and supplies vaporization products and accessories for vape shops and dispensaries. It offers packaging, rolling papers, grinders, glass products, and smoking accessories. The company was founded by Aaron LoCascio and Adam Schoenfeld on May 2, 2018 and is headquartered in Boca Raton, FL.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts