Deveron Rated Strong Buy at Raymond James

The Globe and Mail reports in its Friday, June 2, 2023 edition that Raymond James analyst Steve Hansen is sticking with his “strong buy” call on Deveron Corp. (TSXV-FARM).

The Globe’s David Leeder writes in the Eye On Equities column that Mr. Hansen cut his share target by 15 cents to 95 cents.

Analysts, on average, target the shares at $1.07.

Mr. Hansen says in a note: “We … maintain our constructive view of the firm’s unique competitive position, robust organic and acquisitive growth prospects, and attractive secular tailwinds.”

** Greencastle is a Founding shareholder of Deveron and owns 10,000,000 FARM shares.