KushCo (KSHB) Upgraded by ValuEngine to Buy

ValuEngine upgraded shares of KushCo (OTCMKTS:KSHB) from a hold rating to a buy rating in a research note issued to investors on Saturday morning.

Several other research firms have also recently issued reports on KSHB. Northland Securities initiated coverage on shares of KushCo in a report on Wednesday, October 10th. They set an outperform rating and a $8.75 price target for the company. Zacks Investment Research raised shares of KushCo from a sell rating to a hold rating in a report on Tuesday, September 18th. Finally, Canaccord Genuity initiated coverage on shares of KushCo in a report on Tuesday, December 4th. They set a speculative buy rating and a $7.50 price target for the company.

OTCMKTS KSHB opened at $5.72 on Friday. KushCo has a 52-week low of $2.75 and a 52-week high of $8.51.

In other KushCo news, Director Dallas Imbimbo sold 65,000 shares of the company’s stock in a transaction dated Thursday, October 18th. The shares were sold at an average price of $5.91, for a total transaction of $384,150.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 36.70% of the company’s stock.

About KushCo

KushCo Holdings, Inc, through its subsidiaries, provides various products and services for the regulated cannabis, CBD, and other related industries. It distributes vaporizer products, packaging, supplies, and accessories, as well as offers branding services to cannabis operators; and provides hydrocarbon gases and solvents to the cannabis sector.

Recommended Story: How Do You Make Money With Penny Stocks?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for KushCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KushCo and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply