TD Securities Maintains Hold on National Bank of Canada, Raises Price Target to $105
Portfolio Pulse from Benzinga Newsdesk
TD Securities analyst Mario Mendonca maintains a Hold rating on National Bank of Canada (OTC:NTIOF) and raises the price target from C$100 to C$105.
June 01, 2023 | 4:45 pm
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NEUTRAL IMPACT
TD Securities maintains a Hold rating on National Bank of Canada and raises the price target from C$100 to C$105.
TD Securities' decision to maintain a Hold rating on National Bank of Canada indicates a neutral outlook for the stock. The raised price target from C$100 to C$105 suggests a potential upside, but the Hold rating implies that the analyst does not expect significant short-term price movement. As a result, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100