Aurora Cannabis Inc. stock is set to go to $1, according to two analysts. In a note to clients late Thursday, Piper Sandler analyst Michael Lavery downgraded the cannabis producer to the equivalent of a sell and issued a $1 target price, down from $3. Lavery cited risks related to the balance sheet and weak European Union sales as significant factors. Read More...
Aurora Cannabis now has a $1 price target from two analysts
Aurora Cannabis Inc. stock is set to go to $1, according to two analysts. In a note to clients late Thursday, Piper Sandler analyst Michael Lavery downgraded the cannabis producer to the equivalent of a sell and issued a $1 target price, down from $3. Lavery cited risks related to the balance sheet and weak European Union sales as significant factors.
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