CORRECTION: RBC Capital Maintains Outperform on Bank of Montreal, Lowers Price Target to C$143 - Analyst Firm Updated
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Darko Mihelic maintains an Outperform rating on Bank of Montreal (TSX:BMO) but lowers the price target from C$151 to C$143.
May 26, 2023 | 12:52 pm
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RBC Capital maintains an Outperform rating on Bank of Montreal, but lowers the price target from C$151 to C$143.
The news directly mentions Bank of Montreal (TSX:BMO) and the lowered price target by RBC Capital. While the Outperform rating is maintained, the lowered price target may have a neutral impact on the stock price in the short term, as it indicates a potential decrease in the stock's future value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100