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APHA to Break $6.00 at the end of Q4 2023

Long
NYSE:APHA   None
I believe that the analysis from CNN Business is a bit optimistic for this cannabis company which has a lot of challenges ahead of it. Since this company has not fully licensed all of its arms, I anticipate that if it doesn't tank (i.e. stock falls to less than $4.00 for more than 1 year) due to stewardship issues that it will gradually gain year after year.

"The 10 analysts offering 12-month price forecasts for Aphria Inc have a median target of 6.51, with a high estimate of 9.38 and a low estimate of 4.92. The median estimate represents a +33.16% increase from the last price of 4.89." - CNN Business
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