National Bank Financial Inc Maintains Outperform on Fairfax Finl Hldgs, Raises Price Target to C$1600
Portfolio Pulse from Benzinga Newsdesk
National Bank Financial Inc analyst Jaeme Gloyn maintains an Outperform rating on Fairfax Finl Hldgs (TSX:FRFHF) and raises the price target from C$1350 to C$1600.
May 23, 2023 | 10:03 am
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National Bank Financial Inc raises Fairfax Finl Hldgs' price target from C$1350 to C$1600 and maintains an Outperform rating.
The news of National Bank Financial Inc raising the price target for Fairfax Finl Hldgs (FRFHF) from C$1350 to C$1600 and maintaining an Outperform rating is positive for the stock. This indicates that the analyst believes the stock has potential for further growth and is likely to outperform its peers. As a result, this news may lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100