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CGC

Canopy Growth

$47.44

0.585 (1.25%)

, ACRGF

Acreage Holdings

$0.00

(0.00%)

07:33
05/13/19
05/13
07:33
05/13/19
07:33

Canopy Growth initiated with a Buy at Alliance Global Partners

Alliance Global Partners analyst Aaron Grey initiated Canopy Growth with a Buy rating and C$75 price target, citing his view that the company can become the "global leader in cannabis" following its game-changing acquisition agreement with Acreage Holdings (ACRGF) to give it access to the world's largest cannabis market in the U.S. Though he does not foresee Canopy being profitable until FY21, Grey noted that he does expect the company to be profitable in the Canadian cannabis market as it continues with its international expansion.

CGC

Canopy Growth

$47.44

0.585 (1.25%)

ACRGF

Acreage Holdings

$0.00

(0.00%)

  • 14

    May

  • 06

    Jun

CGC Canopy Growth
$47.44

0.585 (1.25%)

04/25/19
DESJ
04/25/19
INITIATION
DESJ
Buy
Desjardins initiates HEXO Corp, Canopy Growth, Aurora Cannabis with a Buy
Desjardins analyst John Chu initiated HEXO Corp (HEXO), Canopy Growth (CGC), and Aurora Cannabis (ACB) with a Buy rating and respective price targets of C$14, C$74, and C$16.50 as part of a broad research note, saying the "hype" around legalization of adult-use cannabis in Canada remains strong in spite of "underwhelming" early months of sales. The analyst attributes the challenges to ramp-up, logistical and distribution issues, but expects investors to consider the opportunity as a "global" one. Chu believes that "major" consumer packaged goods companies like Constellation (STZ), InBev (BUD), and Altria (MO), as well as retailers like Walgreens (WBA), CVS (CVS), and Rite Aid (RAD) should "help push cannabis and hemp into the mainstream."
04/25/19
DESJ
04/25/19
INITIATION
DESJ
Buy
Canopy Growth initiated with a Buy at Desjardins
04/22/19
BNCH
04/22/19
NO CHANGE
BNCH
Buy
Canopy Growth acquisition provides path to U.S. market, says Benchmark
The acquisition of Acreage Holdings provides a path for Canopy Growth to enter the U.S. market upon eventual federal legalization of cannabis production and sale, Benchmark analyst Mike Hickey tells investors in a research note. The analyst estimates the U.S. cannabis market is 10 times the Canadian market. He keeps a Buy rating on Canopy Growth shares with a C$100 price target. However, cannabis sales data from Canada Health suggests a slow start to Q1, Hickey points out. As such, he expects the company to report fiscal Q4 sales of C$93M, below the consensus of C$98M. Canopy Growth in early trading is up 2% to $45.52 after GMP Securities upgraded the shares to Buy.
04/22/19
JEFF
04/22/19
NO CHANGE
Target $275
JEFF
Buy
Constellation Brands price target raised to $275 from $267 at Jefferies
Jefferies analyst Kevin Grundy raised his price target for Constellation Brands (STZ) to $275 from $267 to reflect the amended Canopy Growth (CGC) warrants held by the company, which was announced with Canopy's proposed acquisition of Acerage. Constellation agreed to waive its veto rights on the deal, subject to "favorably" modified warrant terms, which enhances the company's value in return for potential dilution from the deal and provides capital flexibility, Grundy tells investors in a research note. Constellation remains his top pick with a Buy rating.
ACRGF Acreage Holdings
$0.00

(0.00%)

04/22/19
MITR
04/22/19
UPGRADE
MITR
Buy
Canopy Growth upgraded to Buy after Acreage deal at GMP Securities
As previously reported, GMP Securities analyst Martin Landry upgraded Canopy Growth (CGC) to Buy from Hold after the company confirmed a deal giving it the right to acquire Acreage Holdings (ACRGF) upon cannabis production and sale becoming federally legal in the U.S., giving Canopy exposure to the largest cannabis market in the world. He sees significant near-term synergies and believes "the price is right," arguing that the takeout multiple is low given the strategic nature of the acquisition and Acreage's potential for continued strong growth. Landry raised his price target on Canopy shares to C$72 from C$65.
02/21/19
GHSC
02/21/19
INITIATION
Target $42
GHSC
Buy
Acreage Holdings initiated with a Buy at Seaport Global
Seaport Global analyst Brett Hundley initiated Acreage Holdings with a Buy rating and $42 price target, citing its market positioning as a U.S. multi-state operator, its dual strategy of wholesale and retail production, the strategic nature of its Form Factory acquisition and its "influential board of directors."

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EL

Estee Lauder

$179.26

3.89 (2.22%)

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TLRD

Tailored Brands

$5.05

0.665 (15.18%)

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DRYS

DryShips

$3.83

0.065 (1.73%)

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TLRD

Tailored Brands

$5.05

0.665 (15.18%)

06:50
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Tailored Brands announces sale of corporate apparel business for $62M in cash »

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DRYS

DryShips

$3.83

0.065 (1.73%)

06:49
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Breaking Hot Stocks news story on DryShips »

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CDAY

Ceridian

$50.69

0.2 (0.40%)

06:49
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06:49
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06:49
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Ceridian rating change  »

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  • 10

    Sep

DECK

Deckers Brands

$134.33

1.39 (1.05%)

06:49
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06:49
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Deckers Brands rating change  »

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EL

Estee Lauder

$179.26

3.89 (2.22%)

06:48
08/19/19
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06:48
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06:48
Earnings
Estee Lauder sees FY20 adjusted EPS $5.90-$5.98, consensus $5.81 »

Reported net sales are…

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  • 19

    Aug

EL

Estee Lauder

$179.26

3.89 (2.22%)

06:47
08/19/19
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06:47
08/19/19
06:47
Earnings
Estee Lauder sees Q1 adjusted EPS $1.56-$1.59, consensus $1.55 »

Reported net sales are…

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  • 19

    Aug

EL

Estee Lauder

$179.26

3.89 (2.22%)

06:45
08/19/19
08/19
06:45
08/19/19
06:45
Earnings
Estee Lauder reports Q4 EPS 64c, consensus 53c »

Reports Q4 revenue…

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  • 19

    Aug

BAC

Bank of America

$27.04

0.79 (3.01%)

, C

Citi

$63.46

2.13 (3.47%)

06:45
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06:45
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Periodicals
Updated Volcker Rule expected this week, WSJ reports »

An updated Volcker Rule…

BAC

Bank of America

$27.04

0.79 (3.01%)

C

Citi

$63.46

2.13 (3.47%)

JPM

JPMorgan

$107.73

2.52 (2.40%)

USB

U.S. Bancorp

$52.25

0.99 (1.93%)

WFC

Wells Fargo

$44.40

1.01 (2.33%)

GS

Goldman Sachs

$199.39

3.2 (1.63%)

MS

Morgan Stanley

$39.94

0.85 (2.17%)

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PCG

PG&E

$14.30

-0.08 (-0.56%)

06:44
08/19/19
08/19
06:44
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06:44
Periodicals
PG&E holds on to sole rights to devise chapter 11 exit plan, WSJ reports »

A U.S. Bankruptcy Court…

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LVGO

Livongo Health

$37.00

3.22 (9.53%)

06:42
08/19/19
08/19
06:42
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06:42
Initiation
Livongo Health initiated  »

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  • 05

    Sep

ACM

Aecom

$32.97

0.53 (1.63%)

06:38
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HCAT

Health Catalyst

$42.50

0.96 (2.31%)

06:37
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Initiation
Health Catalyst initiated  »

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  • 22

    Aug

NYNY

Empire Resorts

$8.35

-0.145 (-1.71%)

06:37
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Empire Resorts to be acquired by Kien Huat, Genting Malaysia for $9.74 per share »

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DECK

Deckers Brands

$134.33

1.39 (1.05%)

06:36
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Deckers Brands rating change  »

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HCAT

Health Catalyst

$42.50

0.96 (2.31%)

06:35
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Initiation
Health Catalyst initiated  »

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  • 22

    Aug

HCAT

Health Catalyst

$42.50

0.96 (2.31%)

06:33
08/19/19
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06:33
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06:33
Initiation
Health Catalyst initiated  »

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  • 22

    Aug

HCAT

Health Catalyst

$42.50

0.96 (2.31%)

06:32
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06:32
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06:32
Initiation
Health Catalyst initiated  »

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  • 22

    Aug

HCAT

Health Catalyst

$42.50

0.96 (2.31%)

06:31
08/19/19
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06:31
Initiation
Health Catalyst initiated  »

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  • 22

    Aug

WLL

Whiting Petroleum

$8.61

0.36 (4.36%)

06:30
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  • 27

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ARCC

Ares Capital

$18.63

0.27 (1.47%)

06:29
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Ares Capital rating change  »

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CTVA

Corteva

$30.25

1.84 (6.48%)

06:26
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06:26
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Corteva rating change  »

Corteva upgraded to Buy…

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FB

Facebook

$183.42

0.78 (0.43%)

, ACN

Accenture

$193.19

3.675 (1.94%)

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Facebook

$183.42

0.78 (0.43%)

ACN

Accenture

$193.19

3.675 (1.94%)

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