Canada Research Roundup: Aurora Cannabis, Cronos Group, Western Forest Products

Planet 13 Holdings

17/04/2019 12:26

April 17 (Reuters) - Securities analysts revised their ratings and price targets on several
Canadian companies, including Aurora Cannabis, Cronos Group and Western Forest Products, on
Wednesday. 
    
    
  HIGHLIGHTS
     * Aurora Cannabis  ACB.TO : BofA Merrill initiates coverage with buy rating 
     * Cronos Group Inc  CRON.TO : BofA Merrill initiates coverage with underperform rating 
     * Western Forest Products Inc  WEF.TO : TD Securities cuts to hold from buy
    
Following is a summary of research actions on Canadian companies reported by Reuters on
Wednesday. Stock entries are in alphabetical order.
     * Aurora Cannabis  ACB.TO : BofA Merrill initiates coverage with buy rating 
     * Aurora Cannabis  ACB.TO : BofA Merrill initiates coverage with C$15 price objective
     * Canopy Growth Corp  WEED.TO : BofA Merrill initiates coverage with buy rating 
     * Canopy Growth Corp  WEED.TO : BofA Merrill initiates coverage with C$70 price objective  
     * Cronos Group Inc  CRON.TO : BofA Merrill initiates coverage with underperform rating 
     * Cronos Group Inc  CRON.TO : BofA Merrill initiates coverage with C$17 price objective
     * Noranda Income Fund  NIF_u.TO : TD Securities Raise price target C$4 from C$2.25
     * Planet 13 Holdings  PLTH.CD : Canaccord Genuity raises price target to C$4 from C$3.5
     * Turquoise Hill Resources Ltd  TRQ.TO : TD Securities cuts price target C$5 from C$5.50
     * Western Forest Products Inc  WEF.TO : TD Securities cuts price target C$2 from C$2.25
     * Western Forest Products Inc  WEF.TO : TD Securities cuts to hold from buy
 

 (Compiled by Bengaluru Newsroom)
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