Cantor Fitzgerald analyst still believes Constellation Brand can buy Canopy Growth

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Following the release of the financial statements of Constellation Brand (STZ.TO) this morning, the analyst Pablo Zuanic of Cantor Fitzgerald believes more than ever that Constellation Brand could acquire the 45% of shares missing while the price is at this level .

The analyst has a NEUTRAL rating and a target price of $27.00 CAD on Canopy Growth

It should be noted that Constellation Brand now owns 35% of Canopy Growth (WEED.TO/CGC.NYSE) in addition to approximately 20% additional warrants.

The analyst has a NEUTRAL rating and a target price of $27.00 CAD on Caopy Growth.

Consult the Cantor Fitzgerald report for more info

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