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Guardian Pharmacy Services, Inc. Class A (GRDN) Receives a Buy from Bank of America Securities

Tipranks - Fri May 8, 5:48AM CDT

Bank of America Securities analyst Allen Lutz reiterated a Buy rating on Guardian Pharmacy Services, Inc. Class A today and set a price target of $42.00.

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According to TipRanks, Lutz is a 5-star analyst with an average return of 10.0% and a 62.32% success rate. Lutz covers the Healthcare sector, focusing on stocks such as Hims & Hers Health, Teladoc, and Healthequity.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Guardian Pharmacy Services, Inc. Class A with a $43.00 average price target.

Based on Guardian Pharmacy Services, Inc. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $397.62 million and a net profit of $20.92 million. In comparison, last year the company earned a revenue of $338.57 million and had a net profit of $11.94 million

Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GRDN in relation to earlier this year.

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