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Monday, 03/23/2020 9:14:00 AM

Monday, March 23, 2020 9:14:00 AM

Post# of 11332
PRE MARKET IS UP. B/A is siding with OGI. Organigram Should Meet Estimates
Carey upgraded Organigram Holdings (NASDAQ: OGI) from Underperform to Neutral with a $1.72 price objective.
“In OGI, we see a company with focus capable of delivering consistent sales/profit,” the analyst said, adding that he believes that the rise in demand could mean a tailwind for Organigram as well.
With good positioning in the derivative products category, free cash flow in sight and sufficient liquidity, BofA expects the company to reach its fiscal year estimates, he said.
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