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Cantor Fitzgerald issued a new report on Hexo Corp. (TSX:HEXO) (NASDAQ:HEXO) after the company announced the $925 million acquisition of Redecan , Canada’s largest privately-owned licensed producer. Analyst Pablo Zuanic maintained a Neutral rating but increased the 12-month price target to CA$3.45 ($2.73) from CA$3.40 ($2.70) after tweaking pro forma estimates.
...read full article on Benzinga
