CIBC Maintains Neutral on Aurora Cannabis, Lowers Price Target to $1
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst John Zamparo maintains a Neutral rating on Aurora Cannabis (NASDAQ:ACB) and lowers the price target from C$1.75 to C$1.
June 16, 2023 | 4:04 pm
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NEUTRAL IMPACT
CIBC analyst John Zamparo maintains a Neutral rating on Aurora Cannabis (NASDAQ:ACB) and lowers the price target from C$1.75 to C$1.
The news directly mentions Aurora Cannabis (NASDAQ:ACB) and the lowered price target by CIBC analyst John Zamparo. This may cause some uncertainty among investors, but the Neutral rating suggests that the stock is not expected to have significant short-term price movement. The lowered price target may have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100