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Stock impact report

What Makes High Tide (HITI) Appear so Attractive [Yahoo! Finance]

High Tide Inc. - Common Shares (HITI) 
Company Research Source: Yahoo! Finance
As of the April 15 close, High Tide Inc. (NASDAQ:HITI) had a strongly bullish consensus sentiment. The stock received coverage from 5 analysts, all of whom assigned Buy ratings. With a median 1-year target price of $5.18, it currently offers more than 121% potential upside to investors. Image by JR Byron from Pixabay On March 19, Canaccord Genuity reiterated its Buy rating for High Tide Inc. (NASDAQ:HITI). The firm also increased the target price on the stock from $5.08 to $5.26, resulting in an adjusted upside potential of almost 126%. Back on March 4, High Tide Inc. (NASDAQ:HITI) and its subsidiary, NuLeaf Naturals, became inaugural members of the National Compassionate Care Council. The council consists of healthcare-oriented organizations operating within the medicinal cannabis industry that emphasize quality, research, and patient results. The CEO of High Tide, Raj Grover, stated that the United States' policy regarding cannabis is undergoing an important transformation. Show less Read more
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