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Tilray price target lowered to $1.50 from $2 at TD Cowen
The Fly

Tilray price target lowered to $1.50 from $2 at TD Cowen

TD Cowen lowered the firm’s price target on Tilray (TLRY) to $1.50 from $2 and keeps a Buy rating on the shares. The firm noted they reported Q2 sales below consensus which was disappointing but management expects sequential improvement in 3Q growth as the company re-engages in the de-prioritized categories responsible for the decline.

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