TipRanksStock Market NewsTCNNF NewsTrulieve Cannabis (TCNNF) Gets a Buy from Needham

Trulieve Cannabis (TCNNF) Gets a Buy from Needham

Needham analyst Research Report) today and set a price target of $25.00. The company’s shares closed yesterday at $13.28.

According to TipRanks, McGinley is a 4-star analyst with an average return of 9.2% and a 33.33% success rate. McGinley covers the Basic Materials sector, focusing on stocks such as Trulieve Cannabis, Verano Holdings, and Curaleaf Holdings.

Currently, the analyst consensus on Trulieve Cannabis is a Strong Buy with an average price target of $39.30.

See today’s best-performing stocks on TipRanks >>

TCNNF market cap is currently $2.46B and has a P/E ratio of (107.10).

Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TCNNF in relation to earlier this year.

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.

Trulieve Cannabis Corp. engages in the provision of medical cannabis products. The firm cultivates and produces its products in-house and distributes to its branded stores, as well as directly to patients via home delivery. Its products include smokable flower, inhalation, oral, sublingual, topical, inter-nasal, and concentrates. The company was founded on September 21, 2018 and is headquartered in Quincy, FL.

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