Alliance Global Partners lowered the firm’s price target on Tilray (TLRY) to $1 from $1.50 and keeps a Neutral rating on the shares. The company reported sales below estimates amid an intentional effort to reduce its SKU base, the analyst tells investors in a research note. The firm awaits further line of sight to Tilray’s near- and long-term aspirations coming to fruition.
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Read More on TLRY:
- Tilray price target lowered to $1 from $2 at Piper Sandler
- Tilray Brands Reports Q3 Fiscal 2025 Financial Results
- Tilray Stock (TLRY) Gains Ground in Pre-Market Trading After Earnings Surprise Despite Revenue Miss
- Tilray reports Q3 adjusted EPS 0c, consensus (3c)
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