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Marrone Bio (MBII) Receives a Buy from Lake Street

In a report released today, Ben Klieve from Lake Street reiterated a Buy rating on Marrone Bio (MBIIResearch Report), with a price target of $1.30. The company’s shares closed last Thursday at $1.05.

According to TipRanks.com, Klieve is ranked #403 out of 7913 analysts.

Marrone Bio has an analyst consensus of Moderate Buy, with a price target consensus of $1.88.

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The company has a one-year high of $2.56 and a one-year low of $0.55. Currently, Marrone Bio has an average volume of 847.3K.

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Marrone Bio Innovations, Inc. engages in the provision of bio-based pest management and plant health products for the agricultural and water treatment markets. Its brand includes regalia, bio-tam, grandevo, venerate and majestene. The company was founded by Pamela G. Marrone on June 15, 2006 and is headquartered in Davis, CA.

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