In a report released today, Eric Martinuzzi from Lake Street maintained a Buy rating on Forian (FORA – Research Report), with a price target of $5.00. The company’s shares closed last Friday at $2.51.
According to TipRanks, Martinuzzi is a 2-star analyst with an average return of 0.1% and a 37.65% success rate. Martinuzzi covers the Technology sector, focusing on stocks such as Par Technology, Genius Sports Limited, and Perion Network.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Forian with a $5.00 average price target.
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FORA market cap is currently $81.78M and has a P/E ratio of -5.45.
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Forian (FORA) Company Description:
Forian Inc provides a suite of SaaS solutions, data management capabilities, and proprietary data and analytics to optimize and measure operational, clinical, and financial performance for customers within the traditional and emerging life sciences, healthcare payer and provider segments, as well as cannabis dispensaries, manufacturers, cultivators, and regulators.
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