Canaccord Genuity Maintains Hold on Aurora Cannabis, Lowers Price Target to $0.8
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Matt Bottomley maintains a Hold rating on Aurora Cannabis (NASDAQ:ACB) and lowers the price target from C$1.5 to C$0.8.

June 15, 2023 | 3:55 pm
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Canaccord Genuity maintains a Hold rating on Aurora Cannabis and lowers the price target from C$1.5 to C$0.8.
The lowered price target by Canaccord Genuity analyst Matt Bottomley indicates a bearish outlook on Aurora Cannabis. This news is likely to have a negative impact on the stock price in the short term as it suggests that the analyst believes the stock is overvalued at its current price.
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