Curaleaf stock is looking attractive, says Beacon By Jayson MacLean (Cantech Letter)
Published on November 9, 2022
US cannabis name Curaleaf delivered a surprise to the upside in its recent earnings report, according to Beacon Securities analyst Russell Stanley, who reviewed the numbers in a client update on Tuesday.
With the update, Stanley reiterated a “Buy” rating on Curaleaf while lowering his target price from C$14.00 to C$12.00 per share, which at press time represented a projected one-year return of 66 per cent. Year-to-date, CURA is currently down about 33 per cent, while over the past six months the stock is about even.
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