Form 8-K Canopy Growth Corp For: May 29

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Go back to Form 8-K Canopy Growth Corp For: May 29

BMO Capital Downgrades Canopy Growth (WEED:CN) (CGC) to Market Perform

June 1, 2020 6:29 AM EDT

BMO Capital analyst Tamy Chen downgraded Canopy Growth (WEED:CN) (NYSE: CGC) from Outperform to Market Perform with a price target of Cdn$24.00 (from Cdn$40.00).

The analyst comments "We were surprised by the slower-than-expected operational reset and tone towards right-sizing the business.... More