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Turning Point Brands price target raised to $130 from $120 at Oppenheimer

Oppenheimer analyst Ian Zaffino raised the firm’s price target on Turning Point Brands (TPB) to $130 from $120 and keeps an Outperform rating on the shares. The firm anticipates solid Q4 2025 results. FRE has positive momentum in the retail channel and ALP has started to expand into brick-and-mortar.

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