Green Thumb Industries Stock Looks Stuck. Here's Why Wall Street Loves the Cannabis Stock Anyway.
Green Thumb's shares are down more than 5% this year, yet analysts have a price target more than double the stock's current price.
Overview
There's a fundamental disconnect between what the general public thinks of cannabis multi-state operator (MSO) Green Thumb Industries (OTC: GTBIF) and what analysts think of it.
Shares of the Chicago-based company have fallen more than 5% so far this year, but analysts remain overwhelmingly bullish on it, maintaining an average price target of around $16, implying more than 100% upside.
There are good reasons for that enthusiasm. Here are three reasons why analysts are bullish on the stock.
Details
Source
Originally published at www.fool.com.
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