Lake Street lowered the firm’s price target on GrowGeneration (GRWG) to $2.50 from $4 and keeps a Buy rating on the shares after the company reported first quarter results that were below the firm’s expectations and withdrew its full-year 2025 guidance due to macro uncertainty.
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Read More on GRWG:
- GrowGeneration Reports Decline in Quarterly Sales and Profit
- GrowGeneration Reports Q1 2025 Financial Results
- GrowGeneration’s Earnings Call: Transition and Challenges
- GrowGeneration price target lowered to $1.25 from $1.75 at Alliance Global Partners
- GrowGeneration Reports 2024 Financial Results and 2025 Outlook