Urthecast Corp. (TSE:UR) had its target price reduced by equities research analysts at Canaccord Genuity from C$3.00 to C$2.00 in a note issued to investors on Wednesday. Canaccord Genuity’s price target indicates a potential upside of 94.17% from the company’s previous close.

Separately, Raymond James Financial, Inc. dropped their target price on shares of Urthecast Corp. from C$2.75 to C$2.25 and set an “outperform” rating on the stock in a report on Wednesday, August 16th.

Urthecast Corp. (TSE:UR) traded up C$0.04 during trading on Wednesday, hitting C$1.03. 227,275 shares of the stock were exchanged, compared to its average volume of 408,795. Urthecast Corp. has a fifty-two week low of C$0.69 and a fifty-two week high of C$2.17.

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