Cronos Group (CRON) Misses Q2 EPS by 2c, provides outlook

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Go back to Cronos Group (CRON) Misses Q2 EPS by 2c, provides outlook

Cronos Group (CRON) PT Lowered to $2.30 at BofA Securities

August 9, 2024 5:54 AM EDT

BofA Securities analyst Lisa Lewandowski lowered the price target on Cronos Group (NASDAQ: CRON) to $2.30 (from $2.75) while maintaining a Underperform rating.

The analyst comments "CRONs 2Q24 net sales were $27.8mn, +46% YoY and a quarterly high. This was better than our ($26.6mn)... More