TD Securities Maintains Buy on Saputo, Lowers Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
TD Securities analyst Michael Aelst maintains a Buy rating on Saputo (OTC:SAPIF) and lowers the price target from C$46 to C$42.
June 12, 2023 | 5:03 pm
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NEUTRAL IMPACT
TD Securities maintains Buy rating on Saputo (OTC:SAPIF) and lowers the price target from C$46 to C$42.
TD Securities' lowered price target on Saputo may cause some short-term uncertainty among investors, but the maintained Buy rating indicates that the analyst still believes in the company's potential for growth. The impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100