RE:CIBC Raises Target Priceskyplt wrote: CIBC analysts raised their stock price target on Aphria Inc. (APHA.T) to $12 from $10 on Tuesday and said its fiscal third-quarter earnings showed a company with "significant future capacity potential," but that it is still in ramp-up mode. "We continue to believe Aphria's cultivation and automation skills provide a solid competitive advantage, and the company's 10% market share in the recent quarter (our estimate) is notable, but at this stage, we gravitate towards other names in the sector with stronger balance sheets and more defined strategies for the medium term,"
when Irwin's 90 day plan comes out the sentiment will be even more positive. Irwin is no dummy. He needed to clean house and bring in a board he can trust to execute.