Down more than 52% over the past 52 weeks, could Canadian marijuana giant Aurora Cannabis (ACB) go to… zero?One analyst thinks so. Firm founder Gordon Johnson of GLJ Research announced he was initiating coverage of Aurora Cannabis stock with a “sell” rating. Arguing that “ACB’s equity holds no value,” he predicted Aurora Cannabis stock will become utterly worthless by the end of 2021, and so proceeded to assign a two-year price target of $0. (To watch Johnson’s track record, click here)Whether you’re talking American dollars or Canadian dollars, either way, that’s a pretty bold claim. After all, up until recently …read more
Source:: Yahoo Finance
