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Guardian Pharmacy (GRDN) Soars 11.66% on Expansion, Price Target Hike
Generated by AI AgentAinvest Movers Radar
Monday, Apr 14, 2025 6:33 pm ET1min read
Guardian Pharmacy (GRDN) shares surged 0.09% today, marking the fourth consecutive day of gains, with a cumulative increase of 11.66% over the past four days. The stock price reached its highest level since December 2024, with an intraday gain of 2.75%.
Guardian Pharmacy Services (GRDN) has recently expanded its footprint in the Midwest region with the opening of a new pharmacy location in Columbus, Ohio. This strategic move strengthens the company's presence in Ohio, Kentucky, and West Virginia, potentially driving increased revenue and market share in these areas.
In addition to its geographic expansion,
Services has received a boost from Truist Financial, which recently raised its price target for the company from $24.00 to $25.00. This increase, accompanied by a "buy" rating, reflects positive investor sentiment and expectations of future price appreciation. The upgraded outlook from Truist Financial underscores the company's strong fundamentals and growth prospects, further fueling investor confidence in GRDN's stock.
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