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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%)

04/22/19
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.
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.
04/25/19
DESJ
04/25/19
INITIATION
DESJ
Buy
Canopy Growth initiated with a Buy at Desjardins
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."
ACRGF Acreage Holdings
$0.00

(0.00%)

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."
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.

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RWLK

ReWalk Robotics

$5.21

-0.215 (-3.97%)

07:11
06/17/19
06/17
07:11
06/17/19
07:11
Upgrade
ReWalk Robotics rating change  »

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ORGS

Orgenesis

$4.21

-0.09 (-2.09%)

07:11
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07:11
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Orgenesis gets Orphan Drug designation for Autologous Insulin Producing cells »

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CBMG

Cellular Biomedicine

$14.68

-0.62 (-4.05%)

07:09
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06/17
07:09
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07:09
Hot Stocks
Cellular Biomedicine: First patient dosed in Phase 1 trial of anti-CD20 CAR-T »

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USAP

Universal Stainless & Alloy

$14.10

0.06 (0.43%)

07:08
06/17/19
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07:08
Hot Stocks
Universal Stainless & Alloy reports fire at North Jackson, Ohio facility »

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TEVA

Teva

$8.24

-0.37 (-4.30%)

07:08
06/17/19
06/17
07:08
06/17/19
07:08
Recommendations
Teva analyst commentary  »

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BGNE

BeiGene

$117.48

-7.52 (-6.02%)

, CELG

Celgene

$96.49

0.07 (0.07%)

07:06
06/17/19
06/17
07:06
06/17/19
07:06
Hot Stocks
BeiGene, Celgene to terminate global collaboration for tislelizumab »

BeiGene (BGNE) announced…

BGNE

BeiGene

$117.48

-7.52 (-6.02%)

CELG

Celgene

$96.49

0.07 (0.07%)

BMY

Bristol-Myers

$47.57

0.25 (0.53%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 20

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    Jul

  • 03

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    Sep

  • 04

    Dec

  • 25

    Mar

  • 04

    Apr

TWIN

Twin Disc

$14.02

0.125 (0.90%)

07:06
06/17/19
06/17
07:06
06/17/19
07:06
Hot Stocks
Twin Disc names James Feiertag as president and COO, effective May 1 »

Twin Disc has appointed…

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RTLR

Rattler Midstream

$19.21

-0.195 (-1.01%)

, FANG

Diamondback Energy

$98.98

-1.15 (-1.15%)

07:06
06/17/19
06/17
07:06
06/17/19
07:06
Initiation
Rattler Midstream, Diamondback Energy initiated  »

Rattler Midstream…

RTLR

Rattler Midstream

$19.21

-0.195 (-1.01%)

FANG

Diamondback Energy

$98.98

-1.15 (-1.15%)

03/08/13
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  • 12

    Sep

  • 13

    Sep

TYPE

Monotype Imaging

$16.33

0.01 (0.06%)

07:06
06/17/19
06/17
07:06
06/17/19
07:06
Hot Stocks
Monotype Imaging CFO Anthony Callini to step down »

Monotype Imaging…

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RTLR

Rattler Midstream

$19.21

-0.195 (-1.01%)

07:06
06/17/19
06/17
07:06
06/17/19
07:06
Initiation
Rattler Midstream initiated  »

Rattler Midstream…

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07:05
06/17/19
06/17
07:05
06/17/19
07:05
General news
FX Update: Trading has been directionally unambitious »

FX Update: Trading has…

CASI

Casi Pharmaceuticals

$3.13

-0.05 (-1.57%)

07:04
06/17/19
06/17
07:04
06/17/19
07:04
Hot Stocks
Casi Pharmaceuticals acquires rights to commercialize anti-CD19 T-cell therapy »

CASI Pharmaceuticals…

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  • 20

    Jun

IDYA

Ideaya Biosciences

$10.70

-0.1 (-0.93%)

07:04
06/17/19
06/17
07:04
06/17/19
07:04
Initiation
Ideaya Biosciences initiated  »

Ideaya Biosciences…

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SF

Stifel Financial

$56.60

-0.82 (-1.43%)

07:04
06/17/19
06/17
07:04
06/17/19
07:04
Hot Stocks
Stifel Financial to acquire capital markets business of GMP Capital »

Stifel Financial…

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  • 19

    Aug

  • 20

    Aug

ENDP

Endo

$4.04

-0.43 (-9.62%)

07:02
06/17/19
06/17
07:02
06/17/19
07:02
Downgrade
Endo rating change  »

Citi downgrades Endo to…

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CLDC

China Lending Corp.

$0.92

(0.00%)

07:02
06/17/19
06/17
07:02
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07:02
Hot Stocks
China Lending Corp. to acquire equity interests in Cayman Lixin »

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PFE

Pfizer

$42.75

0.24 (0.56%)

, ARRY

Array BioPharma

$29.59

0.17 (0.58%)

07:01
06/17/19
06/17
07:01
06/17/19
07:01
Hot Stocks
Pfizer to acquire Array BioPharma for $48.00 per share »

Pfizer (PFE) and Array…

PFE

Pfizer

$42.75

0.24 (0.56%)

ARRY

Array BioPharma

$29.59

0.17 (0.58%)

03/08/13
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  • 28

    Aug

  • 16

    Sep

QURE

uniQure

$72.65

1.27 (1.78%)

, PFE

Pfizer

$42.75

0.24 (0.56%)

06:59
06/17/19
06/17
06:59
06/17/19
06:59
Periodicals
uniQure exploring options, including potential sale, Bloomberg reports »

Gene-therapy firm UniQure…

QURE

uniQure

$72.65

1.27 (1.78%)

PFE

Pfizer

$42.75

0.24 (0.56%)

SNY

Sanofi

$42.46

-0.225 (-0.53%)

NVO

Novo Nordisk

$50.96

-0.73 (-1.41%)

03/08/13
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  • 20

    Jun

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ACM

Aecom

$33.41

-0.035 (-0.10%)

06:58
06/17/19
06/17
06:58
06/17/19
06:58
Hot Stocks
Aecom announces intent to spin off government services business »

AECOM announced that its…

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ACM

Aecom

$33.41

-0.035 (-0.10%)

06:58
06/17/19
06/17
06:58
06/17/19
06:58
Earnings
AECOM backs FY19 adjusted EPS view $2.60-$2.90, consensus $2.82 »

AECOM reiterated its…

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DOW

Dow Inc.

$51.12

-1.77 (-3.35%)

06:57
06/17/19
06/17
06:57
06/17/19
06:57
Downgrade
Dow Inc. rating change  »

Dow Inc. cut to Market…

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ACM

Aecom

$33.41

-0.035 (-0.10%)

06:56
06/17/19
06/17
06:56
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06:56
Hot Stocks
Aecom announces intent to spin off government services business »

AECOM announced that its…

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LMT

Lockheed Martin

$350.23

1.04 (0.30%)

, RTN

Raytheon

$177.38

0.195 (0.11%)

06:56
06/17/19
06/17
06:56
06/17/19
06:56
Periodicals
Lockheed Martin does not see F-35 impact from Raytheon-UTC merger, Reuters says »

Lockheed Martin (LMT) is…

LMT

Lockheed Martin

$350.23

1.04 (0.30%)

RTN

Raytheon

$177.38

0.195 (0.11%)

UTX

United Technologies

$125.30

0.45 (0.36%)

03/08/13
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  • 17

    Jun

  • 17

    Jun

  • 17

    Jun

PRK

Park National

$99.06

-0.04 (-0.04%)

06:54
06/17/19
06/17
06:54
06/17/19
06:54
Initiation
Park National initiated  »

Park National initiated…

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NEPT

Neptune Wellness

$4.28

0.025 (0.59%)

06:54
06/17/19
06/17
06:54
06/17/19
06:54
Hot Stocks
Neptune Wellness subsidiary announces cannabis extraction capacity increase »

Neptune Wellness…

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