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Flexible Solutions price target lowered to $8.50 from $11 at Greenridge

Greenridge analyst William Gregozeski lowered the firm’s price target on Flexible Solutions (FSI) to $8.50 from $11 and keeps a Buy rating on the shares. While the firm says it sees no long term changes in the outlook, the slight delays in the ramp up of the January 2025 food contract and shift in production of the legacy NCS products impacted its estimates and current valuation, the analyst tells investors.

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