The Marijuana Stock Shakeout Will Happen Over the Next Year, Analysts Say
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Following Thursday’s marijuana stock sell-off, two analysts at Jefferies are picking up the pieces.
Jefferies analysts Owen Bennett and Ryan Tomkins downgraded Canopy Growth stock (ticker: CGC), upgraded Hexo (HEXO), and slashed a handful of their prior price targets.
In a note to clients Friday, the analysts wrote that a number of negative... Subscribe or Sign In to continue reading.