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BLACKROCK Municipal Income TRUST V.BFK.P


Primary Symbol: BFK

BlackRock Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to provide current income exempt from federal income taxes. Under normal market conditions, the Fund invests at least 80% of its managed assets in investments the income from which is exempt from federal income tax (except that the interest may be subject to the alternative minimum tax). The Fund may invest directly in securities or synthetically through the use of derivatives. The Fund's investment policies provide that it invests at least 80% of its total assets in investment grade quality municipal obligations issued by or on behalf of states, territories and possessions of the United States and their political subdivisions, agencies or instrumentalities, each of which pays interest that, in the opinion of bond counsel to the issuer, is excludable from gross income for federal income tax purposes. Its investment adviser is BlackRock Advisors, LLC.


NYSE:BFK - Post by User

BLACKROCK Municipal Income TRUST > Canaccord Lowers Price Target Following Redecan Transaction
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Comment by jerrytutson Jun 06, 2021 11:16am
100 Views
Post# 33337339

RE:RE:Canaccord Lowers Price Target Following Redecan Transaction

RE:RE:Canaccord Lowers Price Target Following Redecan Transaction
Touran77 wrote:

Select55 wrote: Looks like Iam not the only person concerned with the huge debt  hexo finds themsleves in now 
 Canaccord lowered their 12-month price target to C$9 from C$9.50 and reiterated their hold rating on HEXO. 

 

Hey Select, can you post the link please.

What I see:
5$ in december 2020.
8$ in feb 2021.
9.50$ in March 2021.

 



Not saying Select55 posted something false, but I couldn't find anything either. Pretty risky to bring the target price down when HEXO keeps hinting to state expansion, cpg partner, royalty agreement, gummies, USA legalization, MSO white label products Exciting times ahead! IMHO
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