Bullboard - Stock Discussion Forum Ayr Wellness Inc C.AYR.A

Alternate Symbol(s): AYRWF

Healthcare

AYR Wellness Inc. is a vertically integrated multi-state cannabis operator in the United States. The Company operates simultaneously as a retailer with more than 90 licensed dispensaries and a house of cannabis consumer packed goods (CPG) brands. It is a cultivator, manufacturer and retailer of cannabis products and branded CPG, and is engaged in the manufacture, possession, use, sale, or... see more

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Post by retiredcf on Dec 11, 2020 8:33am

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* Believing its “well-positioned for a catalyst-rich 2021,” Canaccord Genuity analyst Matt Bottomley raised the firm’s target for Ayr Strategies Inc. to $45 from $40 with a “speculative buy” rating (unchanged) upon assuming coverage of the stock. The average is $36.50.

“Given the large number of catalysts for AYR in 2021, its attractive growth profile and strengthened balance sheet, we believe AYR should trade closer to the average of some of the leading MSOs and we would remain buyers at current levels,” he said.

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