Cowen Financial Products LLC Increases Position in Trulieve Cannabis Corporation (TCNNF)
Fintel reports that Cowen Financial Products LLC
has filed a 13G/A form
with the SEC disclosing ownership of
11.15MM
shares of Trulieve Cannabis Corporation (TCNNF).
This represents 6.98% of the company.
In their previous filing dated January 20, 2022
they reported 7.05MM shares and 5.48% of the company,
an increase in shares of 58.21%
and
an increase in total ownership of
1.50% (calculated as current – previous percent ownership).
Analyst Price Forecast Suggests 149.54% Upside
As of January 25, 2023,
the average one-year price target for Trulieve Cannabis is $29.07.
The forecasts range from a low of $13.60 to a high of $51.06.
The average price target represents an increase of 149.54% from its latest reported closing price of $11.65.
The projected annual revenue for Trulieve Cannabis is $1,271MM.
The projected annual EPS is $-0.84.
Fund Sentiment
There are 16 funds or institutions reporting positions in Trulieve Cannabis Corporation.
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