GREY:FLWPF - Post by User
Post by
biftecon Feb 27, 2019 2:26pm
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Post# 29419131
Jefferies initiates coverage of FLOWR
Jefferies initiates coverage of FLOWRJust saw this: Jefferies has initiated coverage of FLOWR along with 6 other major Canadian cannabis companies:
Ticker: FLWR
Rating: Buy
Price target: 5.70 Canadian dollars
Potential upside: +24%
Jefferies comment:
"We think there are good odds Flowr will be a successful premium player over the long term, with all early indications that it is doing everything right to make that happen," Jefferies said.
"As momentum continues to build throughout the year, and with a potential US listing, we expect to see further upside from here."
https://markets.businessinsider.com/news/stocks/weed-stocks-wall-street-bank-jefferies-starts-marijuana-companies-2019-2-1027980896#see-also-8