Tilray Analysts On The Sidelines Despite Solid Earnings

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By Suzana in Business
Updated 3 years ago

Canadian cannabis companies Tilray Inc. (NASDAQ:TLRY) and Aphria Inc. (NASDAQ:APHA) have agreed to a merger. Meanwhile, Tilray announced strong fourth-quarter results, with meaningful revenue growth and margin expansion. The Tilray Analysts:. Michael Lavery of Piper Sandler downgraded the rating from Overweight to Neutral, while raising the price target from $15...

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