Greenridge lowered the firm’s price target on Flexible Solutions to $4 from $6 and keeps a Buy rating on the shares post the Q3 report. Corn prices look to be stabilizing, but at much lower prices than experienced over the last two years, the analyst tells investors in a research note. The firm says low crop prices is stunting Flexible’s product sales.
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Read More on FSI:
- FSI ANNOUNCES THIRD QUARTER, 2023 FINANCIAL RESULTS
- FSI ANNOUNCES THIRD QUARTER 2023 REVENUE
- Flexible Solutions reports Q3 revenue $8.7M vs. $11.69M last year
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