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Benzinga
Benzinga
Business
Nicolas Jose Rodriguez

Analyst on Charlotte's Web: 'We Stay Neutral, But Do Keep An Eye On This CBD Sector Bellwether Stock'

The Analyst

In a recent analyst note, Pablo Zuanic from Cantor Fitzgerald remained Neutral and lowered the 12-month price target price of Charlotte's Web Holdings Inc. (NYSE:CWEB) (OTC:CWBHF) to USD 1.20 from USD 1.50 based “on CBD sectoral derating and reduced sales estimates.”

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