Pre-Open Stock Movers 02/09: (ECOL) (ENPH) (NXPI) Higher; (ZSAN) (NEWR) (BIG) Lower (more...)

Go back to Pre-Open Stock Movers 02/09: (ECOL) (ENPH) (NXPI) Higher; (ZSAN) (NEWR) (BIG) Lower (more...)

Canopy Growth (WEED:CN) (CGC) PT Lowered to Cdn$12.50 at Cowen

February 9, 2022 5:13 PM EST

Cowen analyst Vivien Azer lowered the price target on Canopy Growth (WEED:CN) (NASDAQ: CGC) to Cdn$12.50 (from Cdn$16.00) while maintaining a Market Perform rating following results.

The analyst commented, "WEED delivered sales 7.6% ahead of our below-consensus estimate in fiscal 3Q22, which... More

CFRA Downgrades New Relic (NEWR) to Hold

February 9, 2022 1:48 PM EST

CFRA downgraded New Relic (NYSE: NEWR) from Strong Buy to Hold with a price target of $96.00 (from $168.00).

The analyst commented, "... our view of NEWR "emerging out of the 'trough' of a business model transformation" was clearly premature, with an FY 3Q21 EPS miss... More