Craig-Hallum Downgrades TPCO Holding Corp (GRAMF) to Hold

July 6, 2021 8:38 AM EDT
Get Alerts GRAMF Hot Sheet
Price: $0.16 --0%

Rating Summary:
    0 Buy, 1 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Craig-Hallum analyst Eric Des Lauriers downgraded TPCO Holding Corp (OTC: GRAMF) from Buy to Hold with a price target of $6.50 (from $9.50).

The analyst commented, "Terminated Supply Agreement Doesn’t Help GRAMF’s Credibility Issues. We Remain Believers But Expect Stock To Be In Penalty Box Until Deals Get Done."

For an analyst ratings summary and ratings history on TPCO Holding Corp click here. For more ratings news on TPCO Holding Corp click here.

Shares of TPCO Holding Corp closed at $5.45 yesterday.



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