This Pot Stock Is Headed for a Massive Meltdown According to 1 Analyst
Some analysts indicate their displeasure with a stock by lowering their price target. Others cut their rating on such stocks. And a few analysts don't hold anything back, expressing their feelings in no uncertain terms.
Count Vertical Group analyst Gordon Johnson in the last category. Johnson recently slashed his price target for Tilray (NASDAQ: TLRY) to $4 per share. That's more than 85% below the cannabis producer's current price. The analyst also wrote to investors that they should short-sell Tilray and lambasted the company's performance. But is he right?
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Source Fool.com
