Alliance Global Partners downgraded Cannabist Company (CBSTF) to Neutral from Buy and removed the firm’s prior price target Entering 2025, sentiment within the cannabis group is low after a lack of progress on federal reform in 2024, says the analyst, who expects stock movement within the industry to be most tied to anticipation of federal cannabis reform coming to fruition. However, “there is uncertainty today,” the analyst tells investors.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CBSTF: