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ATB Cormark Capital Markets Keeps Their Buy Rating on SNDL (SNDL)

Tipranks - Tipranks - Sun Mar 15, 11:46AM CDT

ATB Cormark Capital Markets analyst Frederico Gomes maintained a Buy rating on SNDL yesterday and set a price target of $4.50. The company’s shares closed yesterday at $1.51.

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Gomes covers the Healthcare sector, focusing on stocks such as Organigram Global, Curaleaf Holdings, and Green Thumb Industries. According to TipRanks, Gomes has an average return of -3.5% and a 53.85% success rate on recommended stocks.

In addition to ATB Cormark Capital Markets, SNDL also received a Buy from Alliance Global Partners’s Aaron Grey in a report issued yesterday. However, today, TipRanks – OpenAI reiterated a Hold rating on SNDL (NASDAQ: SNDL).

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Based on SNDL’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $248.47 million and a net profit of $9.22 million. In comparison, last year the company earned a revenue of $257.68 million and had a GAAP net loss of $67.14 million

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