Cantor Fitzgerald Downgrades Sunopta to Hold (STKL)
Sunopta (NASDAQ:STKL) was downgraded by analysts at Cantor Fitzgerald from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, Analyst Ratings Network reports. They currently have a $11.00 target price on the stock, up from their previous target price of $9.50. Cantor Fitzgerald’s price objective suggests a potential upside of 10.00% from the company’s current price.
Separately, analysts at Lake Street Capital initiated coverage on shares of Sunopta (NASDAQ:STKL) in a research note to investors on Wednesday, September 18th. They set a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $8.95.
Shares of Sunopta (NASDAQ:STKL) opened at 10.00 on Friday. Sunopta has a one year low of $5.27 and a one year high of $10.40. The stock’s 50-day moving average is $9.25 and its 200-day moving average is $8.01. The company’s market cap is $663.3 million.
SunOpta Inc is a global company focused on natural, organic and specialty foods and natural health products.
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