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Canaccord Genuity Reaffirms Their Hold Rating on Tilray (TLRY)

Tipranks - Wed Mar 4, 7:34AM CST

Canaccord Genuity analyst Kenric Tyghe maintained a Hold rating on Tilray today and set a price target of C$13.00.

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According to TipRanks, Tyghe is ranked #1480 out of 12096 analysts.

In addition to Canaccord Genuity, Tilray also received a Hold from TipRanks – OpenAI’s OpenAI Drug Manufacturers – Specialty and Generic in a report issued today. However, on March 1, TipRanks – Anthropic reiterated a Sell rating on Tilray (NASDAQ: TLRY).

Based on Tilray’s latest earnings release for the quarter ending November 30, the company reported a quarterly revenue of $303.85 million and a GAAP net loss of $62.77 million. In comparison, last year the company earned a revenue of $295.06 million and had a GAAP net loss of $119.37 million

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