Anonymous Analytics goes long cannabis with Turning Point Brands [Reuters]
Turning Point Brands, Inc. (TPB)
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Source: Reuters
Anonymous Analytics goes long cannabis with Turning Point Brands - Reuters 3 Min Read (Reuters) - Activist research group Anonymous Analytics has turned its attention to the cannabis industry, initiating a buy rating on Turning Point Brands Inc ( TPB.N ) in a report on Wednesday. The group, which holds shares in Turning Point Brands, called it “a highly profitable, but woefully under-covered and under-valued company” with a network of 1.5 million online customers and 155,000 stores. The company, which sells periphery products including rolling papers, chewing tobacco and vapes, is covered by only two analysts, the group said. “As its CBD (Cannabidiol) story gains awareness, we expect substantial market interest,” the report said. “Investors are thirsty for an established, profitable and non-speculative company in the cannabis space. TPB is it.” Anonymous Analytics, which describes itself as a “faction” of the global Anonymous activist movement, first gained attention earlier this de
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News
- Turning Point Brands, Inc. (NYSE: TPB) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Turning Point Brands, Inc. (NYSE: TPB) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $70.00 price target on the stock, up previously from $55.00.MarketBeat
- Turning Point Brands, Inc. (NYSE: TPB) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Here's Seven Corners Capital's Updates on Turning Point Brands (TPB) [Yahoo! Finance]Yahoo! Finance
- Turning Point Brands, Inc. (NYSE: TPB) had its price target raised by analysts at Craig Hallum from $60.00 to $75.00. They now have a "buy" rating on the stock.MarketBeat
TPB
Earnings
- 11/7/24 - Beat
TPB
Sec Filings
- 12/13/24 - Form 8-K
- 12/13/24 - Form 424B5
- 11/14/24 - Form SC
- TPB's page on the SEC website