Scotiabank Maintains Outperform on Bank of Montreal, Lowers Price Target to C$143
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Meny Grauman maintains an Outperform rating on Bank of Montreal (TSX:BMO) but lowers the price target from C$151 to C$143.
May 25, 2023 | 4:40 pm
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NEUTRAL IMPACT
Scotiabank analyst Meny Grauman maintains an Outperform rating on Bank of Montreal but lowers the price target from C$151 to C$143.
The news of Scotiabank maintaining an Outperform rating on Bank of Montreal is positive, but the lowering of the price target from C$151 to C$143 may create some uncertainty among investors. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100