In a recently released analyst research report, Seaport Global Securities LLC‘s Senior Equity Research Analyst, Brett Hundley, CFA, initiated coverage on shares of The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF) with a Buy rating and a bullish price target, citing the company’s bright future in the CPG space and more.
Back in September 2018, full-service investment bank Seaport Global Securities LLC bolstered its equities team with the addition of highly experienced equity researchers and more. Fast forward to today, and the firm has just initiated coverage on a long list of marijuana-related stocks ranging from licensed producers like Aphria Inc. (NYSE:APHA) (TSX:APHA) to ancillary service providers like KushCo Holdings Inc. (OTC:KSHB) and beyond.
Brett Hundley’s TGODF price target of $10 USD per share implies a potential upside of approximately 254% based on the last traded price of $2.82 USD on the OTC markets.
According to TheFly, “Brett Hundley initiated The Green Organic Dutchman with a Buy rating and $10 price target, stating that he thinks ultimately that the company will become an important partner for food, beverage and many other CPG industries.”
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