Greenlane (GNLN) to Release Quarterly Earnings on Monday

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Greenlane (NASDAQ:GNLN) is scheduled to be releasing its earnings data after the market closes on Monday, August 12th. Analysts expect Greenlane to post earnings of ($0.04) per share for the quarter.

Shares of GNLN opened at $8.57 on Friday. The business has a 50 day moving average price of $8.38. Greenlane has a 52 week low of $7.31 and a 52 week high of $29.00.

Several analysts recently issued reports on GNLN shares. Cowen started coverage on Greenlane in a report on Monday, May 13th. They issued an “outperform” rating and a $21.00 price target on the stock. Canaccord Genuity started coverage on Greenlane in a report on Monday, May 13th. They issued a “speculative buy” rating and a $22.00 price target on the stock. LADENBURG THALM/SH SH started coverage on Greenlane in a report on Monday, May 13th. They issued a “buy” rating and a $22.00 price target on the stock. Northland Securities started coverage on Greenlane in a report on Monday, May 13th. They issued an “outperform” rating and a $23.00 price target on the stock. Finally, Roth Capital started coverage on Greenlane in a report on Tuesday, May 14th. They issued a “buy” rating and a $22.50 price target on the stock. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Greenlane currently has an average rating of “Buy” and an average target price of $22.10.

About Greenlane

Greenlane Holdings, Inc distribute consumption accessories and vaporization products to wholesale and retail customers in the United States and Canada. The company offers vaporizers and parts, cleaning products, grinders and storage containers, pipes, rolling papers, and customized lines of specialty packaging.

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