CIBC Cuts Canopy Rivers (OTCMKTS:CNPOF) Price Target to $1.50

Canopy Rivers (OTCMKTS:CNPOF) had its price objective trimmed by CIBC from $2.00 to $1.50 in a research report report published on Friday morning, The Fly reports. The firm currently has an outperform rating on the stock.

Separately, Pi Financial lowered Canopy Rivers to a hold rating and set a $1.50 target price on the stock. in a research note on Friday, August 14th.

Shares of OTCMKTS CNPOF opened at $0.58 on Friday. The stock’s 50-day simple moving average is $0.67 and its two-hundred day simple moving average is $0.70. Canopy Rivers has a twelve month low of $0.37 and a twelve month high of $1.81.

Canopy Rivers Company Profile

Canopy Rivers Inc is a public investment firm. It prefers to make investments in cannabis sector with focus on burgeoning marijuana companies. It seeks to make minority stakes. The company is headquartered in Toronto, Canada.

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