Jeffrey Osborne, an analyst at Cowen, cut his price target for Tesla from $US160 to $US150 in a note to investors on Friday. Osborne said he believed Tesla‘s upcoming capital raise was “badly needed” but too small to cover future costs. “We update our model to reflect the up to […]
Cowen, the first major Wall Street bank to follow marijuana stocks, has been publishing recommendations on Canopy Growth and Tilray, and on Tuesday added Cronos Group and Aurora Cannabis to its coverage. The four Canadian cannabis producers were listed in the US last year, prompting investors to pour money into […]
In a congressional hearing this week, regulators said they would discuss their approach to policing the $US1 billion CBD industry at a meeting in April. CBD is a compound found in marijuana and hemp that’s valued for its purported wellness benefits. The April meeting could help clear the legal haze […]
Apple's next iPhone could include some "form of...