CIBC Upgrades Onex to Outperformer, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Nik Priebe upgraded Onex (OTC:ONEXF) from Neutral to Outperformer and raised the price target from $70 to $88.
June 09, 2023 | 5:05 pm
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POSITIVE IMPACT
CIBC upgraded Onex (OTC:ONEXF) to Outperformer and raised its price target from $70 to $88, indicating a positive outlook for the stock.
The upgrade from Neutral to Outperformer by CIBC analyst Nik Priebe and the increase in price target from $70 to $88 indicate a positive outlook for Onex. This news is likely to have a positive short-term impact on the stock price as it reflects increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100