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GMP Upgrades Canopy Growth To Buy Following Acreage Deal
Monday, April 22, 2019 - 12:57pm | 356Read More...Cannabis stocks were mostly higher Monday after Canopy Growth Corp (NYSE: CGC) received positive coverage from an analyst. The Analysts GMP Securities' Martin Landry upgraded Canopy Growth from Hold to Buy with a price target lifted from $65 to $72. The Thesis Canopy Growth last week secured...
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GMP Downgrades Canopy Growth After Mixed Q3
Tuesday, February 19, 2019 - 1:30pm | 458Read More...Canadian cannabis company Canopy Growth Corp (NYSE: CGC) reported third-quarter results last week that were highlighted by the first revenue beat in the past four quarters, but a gross margins of 22 percent was the worst seen in three years, according to GMP. The Analyst GMP Securities' Martin...
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GMP Lifts Canopy Growth Price Target After New York Grants Company Hemp License
Tuesday, January 15, 2019 - 12:28pm | 378Read More...Canadian cannabis company Canopy Growth Corp (NYSE: CGC) confirmed Monday that it received a license to produce and process hemp in New York, prompting GMP to turn incrementally bullish on the stock. The Analyst Analyst Martin Landry maintains a Buy rating on Toronto-listed Canopy Growth ...
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GMP Securities Pro Talks Tilray's Volatility
Thursday, September 20, 2018 - 9:49am | 392Read More...Canadian cannabis company Tilray Inc (NASDAQ: TLRY) experienced a wild Wednesday trading session, which is clearly not a positive for the relatively investment new sector, according to Steve Ottaway. The Pro Ottaway, managing director at GMP Securities, discussed Tilray and cannabis stocks...
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Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week
Friday, March 23, 2018 - 5:14pm | 2067Read More...It was a turbulent week for cannabis stocks in the U.S., however, it was Canadian equities that experienced the most volatility, largely due to the publication of Health Canada’s document on legal cannabis packaging, marketing and retail, and the later vote of Bill C-45, also known as ...
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Paul Kim Explains How He Made 50% On Fitbit Short
Monday, April 18, 2016 - 10:50am | 324Read More...GMP Securities analyst Paul Kim recently made a 55 percent return on a Fitbit Inc (NYSE: FIT) short in a matter of months. The trade was such a home run that SumZero recently went back and highlighted Kim’s original rationale for the short. Kim’s main thesis for the short position...
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GMP Securities Upgrades Devon Energy To Buy
Thursday, June 11, 2015 - 8:52am | 53Read More...GMP Securities upgraded Devon Energy Corp (NYSE: DVN) from undefined to Buy. Devon Energy shares have dropped 17.13 percent over the past 52 weeks, while the S&P 500 index has surged 9.07 percent in the same period. Devon Energy shares rose 2.72 percent to close at $63.81 yesterday.
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How Should You View The Baltic-Genco Merger?
Thursday, April 9, 2015 - 3:57pm | 309Read More...In a report published Thursday, GMP Securities analyst Magnus Fyhr maintained a Buy rating on Baltic Trading Limited (NASDAQ: BALT), with a price target of $3, following the announcement of the company's merger with Genco Shipping. Genco Shipping is to acquire Baltic Trading in an all-stock deal,...
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GMP Securities Initiates DHT Holdings With Buy
Wednesday, March 4, 2015 - 9:22am | 63Read More...Analysts at GMP Securities initiated coverage on DHT Holdings, Inc. (NYSE: DHT) with a Buy rating. The target price for DHT Holdings is set to $10. DHT Holdings shares have dropped 15.82% over the past 52 weeks, while the S&P 500 index has surged 12.49% in the same period. DHT Holdings' shares...
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GMP Securities Initiates Helmerich & Payne With Hold
Thursday, September 18, 2014 - 7:25am | 60Read More...Analysts at GMP Securities initiated coverage on Helmerich & Payne (NYSE: HP) with a Hold rating. The target price for Helmerich & Payne is set to $113. Helmerich & Payne shares have jumped 49.40% over the past 52 weeks, while the S&P 500 index has surged 15.85% in the same period...
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Did Research in Motion Just Make its Biggest Mistake Yet?
Friday, June 29, 2012 - 1:33pm | 666Read More...Following another depressing quarter and the announcement that it was delaying the release of its BlackBerry 10 operating system, Research in Motion (NASDAQ: RIMM) finds itself under scrutiny by most analysts on Friday. The wireless solutions company had ratings downgraded Friday by Societe...
