Canopy Growth: What’s the Word on the Street?

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Earlier this month, Canopy Growth ( CGC ) ( WEED ) reported its earnings for the first quarter of fiscal 2020 . The company’s revenues missed analysts’ expectation by a wide margin .
Canopy Growth’s net losses were also higher than expected. We’ll discuss analysts’ view after Canopy Growth’s first-quarter performance. Analysts’ view on Canopy Growth Canopy Growth’s dismal first-quarter earnings prompted several analysts to lower their target prices.

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