Piper Sandler analyst Michael Lavery lowered the firm’s price target on Tilray (TLRY) to $1 from $2 on diminished U.S. regulatory expectations, while keeping a Neutral rating on the shares. The firm notes Tilray reported $185.8M Q3 revenue, well below its $194.4M estimate.
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Read More on TLRY:
- Tilray Brands Reports Q3 Fiscal 2025 Financial Results
- Tilray Stock (TLRY) Gains Ground in Pre-Market Trading After Earnings Surprise Despite Revenue Miss
- Tilray reports Q3 adjusted EPS 0c, consensus (3c)
- Tilray reports Q3 EPS (87c) vs. (12c) last year
- Tilray sees 2025 net revenue $850M-$900M, consensus $891.94M