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Fly News Breaks for June 25, 2019
PYX
Jun 25, 2019 | 05:36 EDT
Imperial Capital analyst Mary Ross Gilbert initiated Pyxus with an Outperform rating and $71 price target, citing her view of the potential of the company to be a fast growing franchise for years given its combination of cultivation, extraction and e-liquids capabilities. She also sees the company having significant financial and operating leverage and thinks the valuation seems conservative compared to Canadian cannabis and hemp companies, Ross Gilbert tells investors.
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