Tilray Brands (NASDAQ:TLRY) Stock Price Down 3.2% - Here's Why

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Tilray Brands (NASDAQ:TLRY) stock price declined by 3.2% to $6.73, trading below its 50-day and 200-day moving averages with reduced volume. Analysts have a mixed sentiment, holding a consensus “Hold” rating with an average target of $13.33, despite recent downgrades and a target price reduction by Roth MKM. Although the company beat Q4 earnings estimates, it remains unprofitable, with analysts expecting a negative EPS for the current fiscal year.

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