"BUY" Rating for Aurora Cannabis (ACB) / The Wede Show
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In this video i'll discuss the Cowen Investment Bank analysis on Aurora Cannabis and why they believe it is currently a "buy", with a target price of $6/share (CDN).
Although we see many negative headlines focusing on ACB, there is still a lot of hope for this company to turn things around. This past quarter, although not profitable, exceeded expectations. ACB just needs to continue scaling back their expenditures while finding efficient ways to grow. If they can continue to do this, investors will most likely begin to see growth in the near future
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Please remember that i am not a financial advisor. I make these videos for educational purposes only. You are responsible for your own investment decisions. Please do your own research and use your best judgement before investing.