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Fly News Breaks for September 27, 2019
Sep 27, 2019 | 08:35 EDT
Barclays analyst Lauren Lieberman initiated Sundial Growers with an Overweight rating and $7 price target, citing her view that the company can set itself apart from peers given a focus on profitable growth. Sundial is already nearly profitable in its Canadian home market, noted Lieberman, who thinks its acquisition of Bridge Farm should enable the company to ultimately become a low-cost mass-scale producer of CBD products.
News For SNDL From the Last 2 Days
May 13, 2021 | 07:49 EDT
Canaccord Genuity analyst Shaan Mir upgraded Sundial Growers to Hold from Sell with a price target of 70c, up from 65c, post the Q1 results. Sundial's cash balance presents an opportunity to deploy capital into accretive investment opportunities and generate returns, Mir tells investors in a research note. The analyst adds that given the recent pullback in the share price, Sundial is currently trading near his implied valuation.
May 13, 2021 | 06:33 EDT
Canaccord analyst Shaan Mir upgraded Sundial Growers to Hold from Sell.