Here’s Why Blue Apron Is Trading Higher Today

Items from a "family-plan" Blue Apron box are displayed on a kitchen counter on June 28, 2017 in Boston. Scott Eisen/Getty Images

Andrew Left’s Citron Research issued a lengthy research report on Blue Apron Holdings Inc. with a $40 price target.

The price target implies a 443 percent upside to the January 19 closing price of $7.36.