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GMP Upgrades Canopy Growth To Buy Following Acreage Deal
Monday, April 22, 2019 - 12:57pm | 356Read More...Cannabis stocks were mostly higher Monday after Canopy Growth Corp (NYSE: CGC) received positive coverage from an analyst. The Analysts GMP Securities' Martin Landry upgraded Canopy Growth from Hold to Buy with a price target lifted from $65 to $72. The Thesis Canopy Growth last week secured...
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GMP Downgrades Canopy Growth After Mixed Q3
Tuesday, February 19, 2019 - 1:30pm | 458Read More...Canadian cannabis company Canopy Growth Corp (NYSE: CGC) reported third-quarter results last week that were highlighted by the first revenue beat in the past four quarters, but a gross margins of 22 percent was the worst seen in three years, according to GMP. The Analyst GMP Securities' Martin...
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GMP Lifts Canopy Growth Price Target After New York Grants Company Hemp License
Tuesday, January 15, 2019 - 12:28pm | 378Read More...Canadian cannabis company Canopy Growth Corp (NYSE: CGC) confirmed Monday that it received a license to produce and process hemp in New York, prompting GMP to turn incrementally bullish on the stock. The Analyst Analyst Martin Landry maintains a Buy rating on Toronto-listed Canopy Growth ...
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GMP Securities Pro Talks Tilray's Volatility
Thursday, September 20, 2018 - 9:49am | 392Read More...Canadian cannabis company Tilray Inc (NASDAQ: TLRY) experienced a wild Wednesday trading session, which is clearly not a positive for the relatively investment new sector, according to Steve Ottaway. The Pro Ottaway, managing director at GMP Securities, discussed Tilray and cannabis stocks...
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Paul Kim Explains How He Made 50% On Fitbit Short
Monday, April 18, 2016 - 10:50am | 324Read More...GMP Securities analyst Paul Kim recently made a 55 percent return on a Fitbit Inc (NYSE: FIT) short in a matter of months. The trade was such a home run that SumZero recently went back and highlighted Kim’s original rationale for the short. Kim’s main thesis for the short position...
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GMP Securities Upgrades Devon Energy To Buy
Thursday, June 11, 2015 - 8:52am | 53Read More...GMP Securities upgraded Devon Energy Corp (NYSE: DVN) from undefined to Buy. Devon Energy shares have dropped 17.13 percent over the past 52 weeks, while the S&P 500 index has surged 9.07 percent in the same period. Devon Energy shares rose 2.72 percent to close at $63.81 yesterday.
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How Should You View The Baltic-Genco Merger?
Thursday, April 9, 2015 - 3:57pm | 309Read More...In a report published Thursday, GMP Securities analyst Magnus Fyhr maintained a Buy rating on Baltic Trading Limited (NASDAQ: BALT), with a price target of $3, following the announcement of the company's merger with Genco Shipping. Genco Shipping is to acquire Baltic Trading in an all-stock deal,...
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GMP Securities Initiates DHT Holdings With Buy
Wednesday, March 4, 2015 - 9:22am | 63Read More...Analysts at GMP Securities initiated coverage on DHT Holdings, Inc. (NYSE: DHT) with a Buy rating. The target price for DHT Holdings is set to $10. DHT Holdings shares have dropped 15.82% over the past 52 weeks, while the S&P 500 index has surged 12.49% in the same period. DHT Holdings' shares...
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GMP Securities Initiates Helmerich & Payne With Hold
Thursday, September 18, 2014 - 7:25am | 60Read More...Analysts at GMP Securities initiated coverage on Helmerich & Payne (NYSE: HP) with a Hold rating. The target price for Helmerich & Payne is set to $113. Helmerich & Payne shares have jumped 49.40% over the past 52 weeks, while the S&P 500 index has surged 15.85% in the same period...
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Did Research in Motion Just Make its Biggest Mistake Yet?
Friday, June 29, 2012 - 1:33pm | 666Read More...Following another depressing quarter and the announcement that it was delaying the release of its BlackBerry 10 operating system, Research in Motion (NASDAQ: RIMM) finds itself under scrutiny by most analysts on Friday. The wireless solutions company had ratings downgraded Friday by Societe...
