Cronos Group (CRON) Reports Q1 Loss of $0.44

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Go back to Cronos Group (CRON) Reports Q1 Loss of $0.44

Cronos Group (CRON:CN) (CRON) PT Lowered to Cdn$9 at Cowen

May 10, 2021 11:47 AM EDT

Cowen analyst Vivien Azer lowered the price target on Cronos Group (CRON:CN) (NASDAQ: CRON) to Cdn$9.00 (from Cdn$14.00) while maintaining a Market Perform rating.

The analyst commented, "CRON's 1Q21 revenues of $12.6 mm were well below our and street estimates, mostly driven... More