Seaport Global Securities Reiterates “Buy” Rating for Medmen Enterprises (OTCMKTS:MMNFF)

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Medmen Enterprises (OTCMKTS:MMNFF)‘s stock had its “buy” rating reiterated by analysts at Seaport Global Securities in a note issued to investors on Monday, TipRanks reports. They presently have a $4.00 price objective on the stock.

Separately, Cowen started coverage on Medmen Enterprises in a research report on Friday, September 13th. They set an “underperform” rating on the stock.

Shares of MMNFF stock opened at $0.39 on Monday. Medmen Enterprises has a 1 year low of $0.36 and a 1 year high of $3.84. The business’s fifty day moving average is $0.84 and its 200-day moving average is $1.70.

About Medmen Enterprises

MedMen Enterprises Inc, together with its subsidiaries, operates as a cannabis company in the United States. The company cultivates, produces, and distributes, and retails recreational and medicinal cannabis. As of November 1, 2018, it had licenses for 69 retail stores; and 17 cultivation and production facilities across 12 states.

Further Reading: Margin

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