Charlotte's Web Holdings Reports Q1-2021 Results
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Charlotte's Web Holdings (CWBHF) PT Lowered to $5 at Benchmark
May 12, 2021 8:47 AM EDTBenchmark analyst Mike Hickey lowered the price target on Charlotte's Web Holdings (OTC: CWBHF) to $5.00 (from $6.00) while maintaining a Speculative Buy rating.
The analyst commented, "CWEB delivered disappointing F1Q20 revenue and Adjusted EBITDA results. Results in the quarter were negatively... More
Charlotte's Web Holdings (CWBHF) PT Lowered to $5 at Cowen Following Earnings
May 11, 2021 5:58 PM EDTCowen analyst Gerald Pascarelli lowered the price target on Charlotte's Web Holdings (OTC: CWBHF) to $5.00 (from $6.00) while maintaining an Outperform rating.
The analyst commented, "Revenue of $23.4 mm came in ~$1 mm under our below-consensus estimate, though trends did improve meaningfully in March and have... More
