PI Financial Downgrades Hexo Corp. (HEXO:CN) (HEXO) to Sell, Following Earnings

December 16, 2019 3:47 PM EST
Get Alerts HEXO Hot Sheet
Price: $6.21 -5.77%

Rating Summary:
    1 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 17 | Down: 15 | New: 8
Trade Now! 
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

PI Financial analyst Devin Schilling downgraded Hexo Corp. (HEXO:CN) (NYSE: HEXO) from Neutral to Sell with a price target of $2.00 (from $3.00).

Analyst comments: "Our target represents an EV/Revenue multiple of 3.6x based on our FY21 estimates which is in-line with the peer group average."

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Downgrades, Intl Ratings

Related Entities