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BMO Capital Downgrades Canopy Gwth to Underperform, Lowers Price Target to C$2.5

BMO Capital analyst Tamy Chen downgrades Canopy Gwth (TSX:WEED) from Market Perform to Underperform and lowers the price target from C$6 to C$2.5.

byBenzinga Newsdesk

June 8, 2022

1 minute read

BMO Capital analyst Tamy Chen downgrades Canopy Gwth (TSX:WEED) from Market Perform to Underperform and lowers the price target from C$6 to C$2.5.

Why Are Concentrix Shares Trading Higher Today?

By Anusuya Lahiri

Today, 6:30 AM

Concentrix Corp (NASDAQ:CNXC) reported third-quarter revenue growth of 20.1% year-on-year to $1.40 billion, beating the consensus of $1.38 billion. The non-GAAP…

CNXC

Baird Initiates Coverage On AvidXchange Holdings with Outperform Rating, Announces Price Target of $16

By Benzinga Newsdesk

Today, 6:30 AM

Baird analyst David Koning initiates coverage on AvidXchange Holdings (NASDAQ:AVDX) with a Outperform rating and announces Price Target of $16.

AVDX

Mullen Automotive Files For Mixed-Securities Shelf Offering, Size Not Disclosed

By Michael Horton

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-SEC Filing

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Looking Into NanoString Technologies’s Return On Capital Employed

By Benzinga Insights

Today, 6:30 AM

During Q1, NanoString Technologies's (NASDAQ:NSTG) reported sales totaled $31.62 million. Despite a 35.65% in earnings, the company posted a loss of $25.87 million. In Q4, NanoString Technologies brought in $36.26 million in sales but lost $19.07 million in earnings.

NSTG

BMO Capital Downgrades Canopy Gwth to Underperform, Lowers Price Target to C$2.5

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