Is Hydrofarm Holdings Group Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: HYFM) stock is to Hold HYFM stock.
Out of 1 analyst, 0 (0%) are recommending HYFM as a Strong Buy, 0 (0%) are recommending HYFM as a Buy, 1 (100%) are recommending HYFM as a Hold, 0 (0%) are recommending HYFM as a Sell, and 0 (0%) are recommending HYFM as a Strong Sell.
According to 1 Wall Street analyst that have issued a 1 year HYFM price target, the average HYFM price target is $1.50, with the highest HYFM stock price forecast at $1.50 and the lowest HYFM stock price forecast at $1.50.
The Wall Street analyst predicted that Hydrofarm Holdings Group's share price could fall to $1.50 by Jan 3, 2024. The average Hydrofarm Holdings Group stock price prediction forecasts a potential downside of 12.28% from the current HYFM share price of $1.71.
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