Tilray’s Stock Falls 6% on Analyst Downgrade
Tilray's Stock Falls 6% on Analyst Downgrade 1Investors sold out of Tilray (NASDAQ:TLRY) after an influential investment bank downgraded its recommendation on the stock. On Wednesday, Jefferies pushed its recommendation on the Canadian marijuana company’s shares down a peg to underperform (i.e., sell) from the previous neutral. It also changed its price target to $5 per share. Jefferies …
News story posted on 2020-04-17T03:00:00.0000000Z