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Could More Downgrades Be Coming for Tilray Brands Stock?

TheMotleyFool

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Could More Downgrades Be Coming for Tilray Brands Stock?: https://g.foolcdn.com/editorial/images/734255/a-farmer-examining-a-cannabis-plant.jpg

Tilray Brands' (NASDAQ: TLRY) stock price is down around 60% over the past year. The danger for investors is that things may not be getting any better any time soon.

Analyst expectations call for the price to rise over the next 12 to 18 months by 50%, or even 100%, from where it is right now. Is the stock due for some downgrades, or has Tilray reached such a low value that there's a lot of upside for the stock at its current price?

Going back to June of last year, here's a breakdown of the last 10 price targets set by analysts, and the level of upside they suggest the stock has, based on its value today:

Source Fool.com

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