Stifel Downgrades Village Farms Post Q4 Results

by Shivani Kumaresan, Benzinga Staff Writer

March 4, 2022 12:23 PM | 30 seconds read | Make a Comment

Stifel analyst Andrew Partheniou downgraded Village Farms International Inc VFF to Hold from Buy with a price target of C$5, down from C$23.
The move comes after the company's Q4 results.
Though he believes Village Farms could endure over the medium to long term amid Limited Partners exiting the industry, the near-term outlook seems unfavorable, Partheniou said.
Price Action: VFF shares are trading lower by 9.75% at $4.68 on the last check Friday.