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Fly News Breaks for September 25, 2019
KSHB
Sep 25, 2019 | 08:29 EDT
Compass Point analyst Rommel Dionisio lowered his price target on KushCo Holdings shares to $5 from $8 to reflect "a more prudent and conservative outlook" on the company's vaping product segment due to negative publicity and increased regulatory efforts related to vaping-related illnesses. He is concerned not only about slower U.S. sales of vaping products, but also about potential delays of regulatory approvals of vaping products in Canada, said the analyst, who keeps a Buy rating on KushCo shares.
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