Canopy Growth Corporation Reports Fourth Quarter and Fiscal year 2022 Financial Results

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Canopy Growth (WEED:CN) (CGC) PT Lowered to Cdn$6.75 at Cantor Fitzgerald

May 27, 2022 10:08 AM EDT

Cantor Fitzgerald analyst Pablo Zuanic lowered the price target on Canopy Growth (WEED:CN) (NASDAQ: CGC) to Cdn$6.75 (from Cdn$7.75) while maintaining a Neutral rating due to the sectoral derating and reduced estimates.

The analyst commented, "Recently announced cost savings (4/26) and... More