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Why Aphria Stock Jumped Today

TheMotleyFool

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Shares of Aphria (NASDAQ: APHA) climbed 8.8% on Monday, following an analyst upgrade of the marijuana stock.

Stifel analyst W. Andrew Carter lifted his rating on Aphria's stock to buy from hold and placed a $5.90 target price on its shares. His new price forecast represents potential gains for investors of 26%, based on Aphria's current stock price of $4.68.

The marijuana stock Aphria rose sharply on Monday. Image source: Getty Images.

Source Fool.com

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