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 |
Latest News for CGC
Notably, the move did not affect the vastly larger market for recreational products. It also created new headaches for medical cannabis purveyors.
For investors looking to make more green, marijuana stocks may be the way to go. Contrary to the doubt or fear based on the past, the cannabis industry is growing at a fast pace. Now, with cannabis classified as a Class 3 substance, there is very little barrier for legal operators. What that means is now there can be more product research and testing.
The latest trading day saw Canopy Growth Corporation (CGC) settling at $0.96, representing a -1.15% change from its previous close.
Recently, Zacks.com users have been paying close attention to Canopy Growth (CGC). This makes it worthwhile to examine what the stock has in store.
Canopy Growth's turnaround is real, but it remains unfinished. Profitability remains the biggest hurdle for the cannabis producer.
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Insider Trading
Insider Trading
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Senate Trading
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U.S. House Trading
House Trades Disclosures
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Options Chain
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