Matt McGinley

Significant tax benefits are anticipated for the cannabis industry, following President Joe Biden's confirmation of the administration's intent to reschedule cannabis from Schedule I to Schedule III. This move could alleviate the burdens of IRS tax code 280e, which has prevented cannabis...

As earnings season approaches, cannabis financial analysts are getting ready to conduct intrinsic valuations and scale back their market forecasts. Fortunately for Benzinga readers, you can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock...

Analysts were reacting to Aurora Cannabis Inc.'s (NYSE: ACB) fourth-quarter report Wednesday as investors pulled back.  The Aurora Cannabis Analysts: Piper Sandler analyst Michael Lavery maintained a Neutral rating on Aurora Cannabis and lowered the price target from $10 to...

Cresco Labs Inc (OTC: CRLBF) has broken ground across 10 states and claims more than 20% market share in Illinois and Pennsylvania. One analyst team wants to see more action before buying into the growing cannabis play. The Cresco Labs Rating: Needham analysts Matt McGinley and Evan Greenblatt...

Aurora Cannabis Inc (NYSE: ACB) shares are on a roll yet again, this time in reaction to its announcement that it is entering the U.S. market through an M&A deal.  The Aurora Cannabis Analysts Cantor Fitzgerald analyst Pablo Zuanic maintained an Overweight rating on Aurora...

Over the last six months, Aurora Cannabis Inc. (NYSE: ACB) shares have fallen 73.28%. The Aurora Cannabis Analyst Needham analyst Matt McGinley initiated a Hold rating on Aurora with a price target of $1.50. The Aurora Cannabis Thesis The Canadian cannabis market has seen too many investments so...

Struggling retailer Sears Holdings Corp (NASDAQ: SHLD) received a new lifeline this week when its CEO and largest shareholder, Edward "Eddie" Lampert, provided a $300 million loan on Thursday. As noted by Bloomberg, "It's Eddie to the rescue once again at Sears" — because other capital raise...

Shares of Sears Holdings Corp (NASDAQ: SHLD) have lost more than 36 percent since the start of 2016 and 70 percent over the past year as investors appear to be less confident in the company's outlook, especially since it may be forced to sell some of its business lines and assets. News of...

The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Bank Of America: Downgrading Vishay To Underperform Ruplu Bhattacharya of Bank of America downgraded shares of Vishay Intertechnology (NYSE: VSH)...

In a report published Wednesday, Evercore analyst Matt McGinley upgraded the rating on J C Penney Company Inc (NYSE: JCP) from Sell to Hold, following the recent pullback, the stock offers a more balanced risk/reward profile. "While the challenges in recovering sales, margin, and FCF...

There is no getting around it, Sears Holdings Corp (NASDAQ: SHLD) is one of the most controversial stocks on Wall Street. There are no shortage of bearish analysts, negative headlines and colorful quotes touting Sears' retail woes and deteriorating cash situation. SHLD Retail Analysts -...