Cannara Biotech (CNSX:LOVE) Stock Price Expected to Rise, TD Analyst Says

Cannara Biotech (CNSX:LOVEGet Free Report) had its price target lifted by research analysts at TD from $3.25 to $4.00 in a report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock.

Separately, Haywood Securities set a $3.00 price target on shares of Cannara Biotech and gave the stock a “buy” rating in a report on Monday, April 6th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $3.42.

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Cannara Biotech Company Profile

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Cannara Biotech Inc is a vertically integrated cannabis company building the largest indoor cannabis cultivation facility in Quebec, a modern and secure 625,000 square foot facility. Leveraging Quebec’s low electricity costs, Cannara will produce high-grade indoor cannabis, specializing in derivative products and brands.

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