Cresco Labs (OTCMKTS:CRLBF) Trading Up 4.5% – MarketBeat

Cresco Labs Inc. (OTCMKTS:CRLBFGet Free Report) shares rose 4.5% during trading on Thursday . The company traded as high as $1.67 and last traded at $1.62. Approximately 229,203 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 524,377 shares. The stock had previously closed at $1.55.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Roth Mkm increased their price target on shares of Cresco Labs from $1.75 to $2.00 and gave the company a “neutral” rating in a research report on Thursday, March 14th. Wedbush upped their price target on shares of Cresco Labs from $2.50 to $3.00 and gave the company an “outperform” rating in a research report on Thursday, May 16th. Needham & Company LLC reissued a “hold” rating on shares of Cresco Labs in a research note on Thursday, May 16th. Finally, Echelon Wealth Partners raised Cresco Labs from a “hold” rating to a “buy” rating in a research note on Wednesday, March 13th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Cresco Labs presently has

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