Credit Suisse Maintains Neutral on Canadian Western Bank, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Credit Suisse analyst Han Joon Kim maintains a Neutral rating on Canadian Western Bank (OTC:CBWBF) and lowers the price target from C$26 to C$25.
May 30, 2023 | 4:25 pm
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NEUTRAL IMPACT
Credit Suisse maintains a Neutral rating on Canadian Western Bank (OTC:CBWBF) and lowers the price target from C$26 to C$25.
The news directly mentions Canadian Western Bank (OTC:CBWBF) and the lowered price target by Credit Suisse. However, the Neutral rating remains unchanged, indicating that the analyst does not expect significant short-term price movement. The lowered price target may have a minor impact on investor sentiment, but the overall effect is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100