Canopy Growth Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core Insights - Canopy Growth Corporation is expected to report a quarterly loss of 20 cents per share and projected revenue of $71.83 million for the fourth quarter [1] Financial Performance - The company made an optional early prepayment of$100 million under its senior secured term loan, resulting in annualized interest expense savings of approximately $13 million [2] - Canopy Growth shares fell 3.4$1.71 on the previous Thursday [2] Analyst Ratings - Zuanic & Associates analyst Pablo Zuanic initiated coverage on Canopy Growth with a Neutral rating, having an accuracy rate of 50% [7] - Piper Sandler analyst Michael Lavery maintained an Underweight rating and reduced the price target from $3 to$2, with an accuracy rate of 66% [7]