Alliance Global Partners analyst Aaron Grey raised the firm’s price target on Turning Point Brands (TPB) to $110 from $103 and keeps a Buy rating on the shares. The firm says posted its eighth consecutive sales and EBITDA as pouches helped drive another strong quarter of growth.
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Read More on TPB:
- Turning Point Brands reports Q3 adjusted EPS $1.27, consensus 81c
- Turning Point raises FY25 adjusted EBITDA view to $115M-$120M from $110M-$114M
- Cautious Outlook on Turning Point Brands Amid Moderating Growth and Strategic Expansion Costs
- TPB Earnings Report this Week: Is It a Buy, Ahead of Earnings?
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