"We think Canopy (CGC +1.8%) is one of the few companies in pole-position to be a long-term leader in the global cannabis sector," says Bank of America, launching coverage with a Buy rating and $52 price target (about 25% upside).
The team also starts coverage on Aurora Cannabis (ACB +1%) with a Buy. The $11 price target is roughly 25% upside.
Now read: Canopy Growth Wowed On Earnings »
Subscribe for full text news in your inbox