ALEAFIA HEALTH INC. – BUY Initiating Coverage With BUY and ...
INITIATING WITH A BUY RECOMMENDATION AND A $1.75 TARGET PRICE We are initiating coverage of Aleafia Health Inc. with a BUY rating and target price of $1.75 per share. To arrive at our target price, we applied a 12x EV/EBITDA multiple to our 2020 estimate and then discounted the result using a 15% discount rate. INDUSTRY OVERVIEW ................
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