Form 8-K Tilray Brands, Inc. For: Oct 10

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Jefferies Reiterates Buy Rating on Tilray (TLRY)

October 10, 2024 12:37 PM EDT

Jefferies analyst Owen Bennett reiterated a Buy rating and $2.50 price target on Tilray (NASDAQ: TLRY).

The analyst comments "Mixed quarter. The sales miss was deliberate given a focus on profitability and some shipment timing. Cannabis declined 13% as Tilray phases out of unprofitable sub-segments.... More