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mick

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mick

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Re: mick post# 534195

Sunday, 05/16/2021 11:34:45 AM

Sunday, May 16, 2021 11:34:45 AM

Post# of 617234
Should You Sell Sundial Stock? Not Anymore, One Analyst Says
May 13 2021 - 12:47PM
TipRanks
Sundial (SNDL) has been a firm favorite amongst Robinhood investors this year, and at one point earlier in 2021, the stock showed year-to-date gains of over 700%. The stock has since retreated to a more realistic price, a factor - along with an improved balance sheet - taken into account today by Canaccord analyst Shaan Mir. “We believe SNDL’s cash balance presents an opportunity to deploy capital into accretive investment opportunities and generate returns past our implied ~US$1.4B valuation,” Mir said. “Given a recent pull-back in the share price, we believe Sundial is currently trading near our implied valuation.
https://www.tipranks.com/news/article/should-you-sell-sundial-stock-not-anymore-one-analyst-says
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