Analysts have warned that the worst could be yet to come for Aurora stock as Aurora Cannabis (TSX:ACB) (NYSE:ACB) continues to tank under industry headwinds almost a full year after legalization.
Cannabis market Drops on HEXO GuidanceThe cannabis market took a beating earlier this week after HEXO Corp (TSX:HEXO) (NYSE:HEXO) withdrew its guidance for the fiscal year ahead, leading pot stocks across the board to sink and Aurora Cannabis felt the pinch harder than most. Analysts at Jeffries slashed their price target for Aurora stock in half to $7.00 CAD, or approximately $5.30 USD. While ...
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