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Based on aggregate information from My MarketBeat watchlists, some companies that other GrowGeneration investors own include , NVIDIA , Innovative Industrial Properties , Tesla , Advanced Micro Devices , Curaleaf , KushCo , AbbVie , Alibaba Group and Square . Legislative efforts to launch legal cannabis interstate commerce have already begun. Last year, Democratic Governor Kate Brown of Oregon signed legislation that would allow her state to enter cannabis trade pacts with other states, dependent on federal rules allowing such deals. The Alliance for Sensible Markets is now working to bring at least one consumer state on board.

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It’s a brokerage firm, a money manager, corporate retirement plan administrator and a bank. And it has been gobbling up assets under management with new accounts and acquisitions. Even though earnings per share remain likely to be negative in 2022, BofA analysts, citing the company’s improved financial position, an increasing supply of drivers and market share gains, believe the stock could trade at $64 over the next 12 months – an 85% gain from current prices. That very likely would be enough to put it among 2022’s best stocks. The Uber Technologies (UBER, $34.54) ride-sharing platform operates in 63 countries and 750 markets, connecting riders with drivers. Nothing did more to underscore the potential for an “uneven and multi-layered” recovery than the emergence of the COVID omicron variant.

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8 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for GrowGeneration in the last twelve months. There are currently 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” GrowGeneration stock. In the past three months, GrowGeneration insiders have not sold or bought any company stock. MarketBeat’s community ratings are surveys of what our community members think about GrowGeneration and other stocks.

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8 Wall Street analysts have issued 12-month price objectives for GrowGeneration’s shares. On average, they anticipate GrowGeneration’s stock price to reach $21.56 in the next twelve months. This suggests a possible upside of 123.7% from the stock’s current price. View analysts’ price targets for GrowGeneration or view top-rated stocks among Wall Street analysts.

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