| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/14/2023 | 133.33% | Roth MKM | $17 → $7 | Maintains | Buy |
| 11/14/2022 | — | Maxim Group | Downgrades | Buy → Hold | |
| 05/10/2019 | 66.67% | RF Lafferty | → $5 | Initiates Coverage On | → Buy |
| 04/26/2019 | 100% | Lake Street | → $6 | Initiates Coverage On | → Buy |
| 02/26/2019 | 75% | Roth Capital | $4.25 → $5.25 | Maintains | Buy |
What is the target price for Reed's (REED)?
The latest price target for Reed's (OTCQX: REED) was reported by Roth MKM on August 14, 2023. The analyst firm set a price target for $7.00 expecting REED to rise to within 12 months (a possible 133.33% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Reed's (REED)?
The latest analyst rating for Reed's (OTCQX: REED) was provided by Roth MKM, and Reed's maintained their buy rating.
When is the next analyst rating going to be posted or updated for Reed's (REED)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Reed's, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Reed's was filed on August 14, 2023 so you should expect the next rating to be made available sometime around August 14, 2024.
Is the Analyst Rating Reed's (REED) correct?
While ratings are subjective and will change, the latest Reed's (REED) rating was a maintained with a price target of $17.00 to $7.00. The current price Reed's (REED) is trading at is $3.00, which is out of the analyst's predicted range.