Canopy Growth Faces Steep Analyst Downgrade Amid Financial Restructuring
15.01.2026 - 14:33:04
The Canadian cannabis producer Canopy Growth continues to navigate turbulent waters, with a recent drastic analyst downgrade overshadowing its efforts to stabilize its balance sheet. Despite securing new financing and potential regulatory shifts in the United States, investor confidence remains fragile as operational losses mount.
Market sentiment took a hit following a decisive move by research firm Sanford C. Bernstein. On Wednesday, the firm’s analysts slashed their price target for Canopy Growth shares from 5.30 CAD to a mere 2.50 CAD. While this new target still suggests potential upside from the current trading price of approximately 1.70 CAD, the near-halving of the valuation underscores a severe erosion of confidence in the company’s Read more...
