Why Shares of GrowGeneration Blasted 7% Higher on Thursday

GrowGeneration (NASDAQ: GRWG) grew like a weed on Thursday, after a prominent investment bank initiated coverage on the stock with a very bullish outlook. 

Stifel analyst Andrew Carter rates the stock a buy, at a $22 per share price target. That's well above its $14.05 closing price the day before Carter made his feelings known.

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Source Fool.com