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Fly News Breaks for November 5, 2019
HEXO
Nov 5, 2019 | 06:58 EDT
Cantor Fitzgerald analyst Pablo Zuanic initiated coverage of Hexo with an Underweight rating and C$2.40 price target. The company has "big ambitions," and some of its previously stated targets may have helped the stock, but its performance so far and announced plans to date "are not aligned with the vision," Zuanic tells investors in a research note.
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