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Canopy Growth (CGC) Receives a Sell from ATB Capital Markets

Tipranks - Tipranks - Tue Feb 10, 7:30AM CST

ATB Capital Markets analyst maintained a Sell rating on Canopy Growth today and set a price target of C$1.40.

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In addition to ATB Capital Markets, Canopy Growth also received a Sell from TipRanks – Anthropic’s Anthropic Drug Manufacturers – Specialty and Generic in a report issued yesterday. However, on the same day, TipRanks – Google reiterated a Hold rating on Canopy Growth (NASDAQ: CGC).

See today’s best-performing stocks on TipRanks >>

CGC market cap is currently C$550.7M and has a P/E ratio of -0.82.

Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CGC in relation to earlier this year. Last month, Theresa Yanofsky, a Director at CGC sold 10,434.00 shares for a total of $11,790.42.

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