RE:RE:Linton and Klein mistakes … but looking forwardAs I had noted earlier, you can look around and find revised estimated price targets and speculation on positive price moves between the $10 and $12.95 range. Each of the sites will reference different things and each analyst will have their own views of the pros and cons of the stock.
You can also learn for yourself how to calculate price targets based on comparible stocks within the sector. Personally I am using TLRY for this and comparing the two companies based on the Price to Sales Ratio data. Once you understand how each formula works you can project out the target shareprice of Canopy based on the actual trading value of the comparible company.
There are pros and cons to each of the fundamentals so try to gather as much research as you can on each and balance them against each other. It's no small task however it wll provide you with some amount of validation as to how each anaylst is coming up with their targets.
As always, best to do your own Due Dilligence.
Best Regards
Q