Here’s everything we know.CGC Stock Gets Downgraded: Still Feeling the Effects
On Friday, September 27, Bank of America said it’s downgraded Canopy Growth from a “buy” rating to a “neutral” rating. Additionally, Bank of America, a North Carolina-based investment banking company, lowered the CGC stock price target to $27. For perspective, the price target was previously $46.
After the Canopy Growth downgrade, CGC stock fell nearly 4%. On ...
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