Post by
Bullknit101 on May 21, 2022 2:01pm
Analyst Coverage
How does this happen? A speculative buy with $5 price target, now we're at $0.18. https://atbcapitalmarkets.com/insights/initiating-coverage-on-willow-biosciences-inc
Comment by
lscfa on May 22, 2022 12:09pm
ANalyst has down graded co. several times since then. I believe the last TP was $2.00.
Comment by
Bullknit101 on Jul 12, 2022 12:37pm
Hard to trust analysts these days. They all seems to have a bullish bias as if they're promoting the stock price or they are just plain wrong. The narrative for cannabinoid biosybthesis is pretty good overall but the restraining forces are: US govt, FDA, consumer awareness, market demand, big pharma (existing drug market), pricing power not there. Etc...