Cantor Fitzgerald Initiates Coverage on APHA,HEXO,OGI,TLRY and WEED and call the bottom on cannabis stocks

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Cantor Fitzgerald’s Pablo Zuni says Canada’s cannabis sector has bottomed out, predicting several positive events in the coming year should catalyze pot stocks as valuations trade at two-year lows.

According to Pablo Zuni, pot companies are attractive at current levels based on the long-term opportunity and that concerns hanging over the sector are priced in and overdone

“We are calling the bottom on Canadian cannabis stocks and think positive catalysts far outweigh negative ones,” Zuanic said in the report.

– Zuanic said in the report.

Cantor Fitzgerald’s Pablo Zuni target :

Overweight rating

TickerPriceRatingTarget
OGI.TO$4.46Overweight$17.10
APHA.TO$6.81Overweight$10.40

Neutral rating

TickerPriceRatingTarget
ACB.TO$4.69Neutral$5.10
TLRY.TO$21.62Neutral$20.00
WEED.TO$25.90Neutral$27.00

Underweight rating

TickerPriceRatingTarget
HEXO.TO$2.87Underweight$2.40

Price in CAD



This article is written and published by The Cannabis Stock


Disclaimer : The Cannabis Stock wants to promote the cannabis market with the best publication on the market. The Cannabis Stock does not recommend selling or buying any of the company mentioned and is not responsible for any losses that may result.


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