- Loop Capital analyst Scott Graham initiated coverage on Altra Industrial Motion Corp (NASDAQ:AIMC) with a Buy rating and a price target of $58, implying an upside of 44%.
- Graham thinks management’s sales and margin enhancement strategies will steer solid earnings growth in the next several quarters and a modest sales acceleration in Q2 of 2023 through 2024.
- The analyst believes the shares as undervalued based on the current levels.
- Price Action: AIMC shares are trading lower by 0.91% at $40.24 on the last check Friday.
Trulieve Opens Medical Marijuana Dispensary In Hurricane, West Virginia
Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE:TRUL) is opening its Trulieve medical dispensary in Hurricane, West Virginia. Located at 2 Putnam Village Dr. Suite 2-3, the new dispensary will open its doors at 10am on July 6, 2022.
