November Update: Canopy Growth Recommendation and Price Target

Last week, on November 14, Canopy Growth (WEED) (CGC) reported its second-quarter earnings, which largely disappointed the market. The stock took a beating after the earnings and continued to do so in the following trading sessions. After the earnings, the widely followed host of Mad Money on CNBC, Jim Cramer, stated that Canopy Growth is “the only one you can really own and you’ve got to sell the rest.” Let’s look at what other analysts think about the stock.