Cresco Labs: Canaccord Maintains Price Target Following FY20 Last week, Cresco Labs reported their fourth quarter and full-year 2020 financial results. The company reported fourth quarter revenues of $162.3 million and adjusted EBITDA of $50 million. For the full year, they reported $476.3 million and adjusted EBITDA of $116 million.
Cresco Labs currently has 16 analysts covering the company with a weighted 12-month price target of C$22.70. Four analysts have strong buy ratings while eleven have buy ratings. One analyst has a hold rating on the company. The street high comes from Stifel-GMP with a C$34 price target, while Echelon Wealth has the lowest target at C$18.