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Wednesday's analyst upgrades and downgrades - The Globe and Mail


The Globe and Mail
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Inside the Market’s roundup of some of today’s key analyst actions
CIBC downgraded
Organigram Holdings Inc. (OGI-T) to an “underperformer” rating - the equivalent of a sell recommendation - from “neutral”, and was among several brokers that slashed price targets on the cannabis company following disappointing quarterly results.
Organigram said Tuesday it had a net loss of $66.4 million (Canadian) in its fiscal second quarter to Feb. 28, wider than the loss of $6.8 million posted in the year-earlier quarter. Revenue fell to $14.6 million from $23.2 million, missing the Street consensus of $19.1 million. Revenue was hurt by missed sales opportunities as a “significant numbe ....

United States , New Brunswick , Canaccord Genuity , Andrewm Kuske , Moffett Nathanson , Yuri Lynk , John Zamparo , Coinbase Global Inc , British American Tobacco , Alliance Global Partners , Credit Suisse , Delta Air Lines Inc , Badger Daylighting Ltd , Jetblue Airways Corp , Algonquin Power Utilities Corp , United Airlines Holdings Inc , Nomad Royalty Company Ltd , Jp Morgan , Organigram Holdings Inc , Airlines Co , Spirit Airlines Inc , Organigram Holdings , Haywood Securities , Algonquin Power , Badger Daylighting , North America ,

Are these the stock market returns of a lifetime?


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Stock markets like we have today make financial planning so quick and easy.
Invest or pay down debt? Invest, of course. Didn’t exchange-traded funds tracking the tech-heavy Nasdaq 100 index make more than 65 per cent in the past 12 months in U.S. dollars? What’s the rate on home equity lines of credit these days – 3 per cent or something similarly trivial? ....

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