Thursday s analyst upgrades and downgrades - The Globe and Mail theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
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Inside the Market’s roundup of some of today’s key analyst actions
The near-term outlook for
Organigram Holdings Inc. (OGI-T) “remains challenged” as revenues “continue to stagnate,” according to Canaccord Genuity analyst Matt Bottomley.
After the Moncton-based company reported weaker-than-anticipated first-quarter financial results on Tuesday before the bell, Mr. Bottomley lowered his rating for its shares to “hold” from a “speculative buy” previously.