Analyst Price Targets — CGC
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| January 6, 2022 12:00 am | Aaron Grey | Alliance Global Partners | $8.75 | $8.21 | TheFly | Canopy Growth price target lowered to C$11 from C$18 at Alliance Global Partners |
| December 6, 2021 12:00 am | Derek Archila | Wells Fargo | $8.00 | $10.15 | TheFly | Canopy Growth initiated with an Underweight at Wells Fargo |
| November 23, 2021 12:00 am | Owen Bennett | Jefferies | $13.29 | $11.62 | TipRanks Contributor | Jefferies Keeps a Hold Rating on Canopy Growth (CGC) |
| June 3, 2021 12:00 am | John Chu | Desjardins | $27.85 | $25.27 | TheFly | Canopy Growth price target lowered to C$35 from C$55 at Desjardins |
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Latest News for CGC

Tilray is seeing more revenue from beverages than from cannabis. Canopy's debt situation drags down its growth potential.

The cannabis industry is entering September, and investors are once again searching for opportunities across the sector. After years of volatility, several marijuana companies are showing signs of stronger financial performance. Revenue is improving for some operators. Meanwhile, others are cutting costs, strengthening margins, and expanding internationally. That combination could put marijuana stocks back on…

Canopy Growth's cannabis business is showing signs of a turnaround, with revenue growth, improving margins and a narrower EBITDA loss fueling its rally.

Shares of Tilray Brands (NASDAQ:TLRY) are up 6% to $4.75 Wednesday afternoon, participating in a broad bid for beaten-down speculative names.

Canadian cannabis stocks are once again gaining attention as investors search for opportunities within the global marijuana industry. The sector has experienced significant changes since Canada legalized recreational cannabis in 2018. However, several leading companies have emerged stronger after years of restructuring, cost reductions, and increased competition.
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