Pot stocks perk up premarket as BofA/ML turns bullish on Cronos

in #cannabis5 years ago

Cannabis producer Cronos Group (NASDAQ:CRON) is up 9% premarket on modest volume on the heels of an upgrade from Underperform to Buy with a $20 (from $13) price target at BofA/Merrill Lynch.

Breaking news on an upgrade of Cronos Group. I own the stock so this is welcome news, although I've been pretty aggressive selling the covered calls, might even sell more today. Long term I think the stock will do well, I'm just worried the overall market could be nasty in the near to mid term.....

Read the breaking news here....
https://seekingalpha.com/news/3469167-pot-stocks-perk-premarket-bofa-ml-turns-bullish-cronos?dr=1#email_link

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Pre market Cronos is around $15.80.....

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