BMO Capital Maintains Outperform on Saputo, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Peter Sklar maintains an Outperform rating on Saputo (OTC:SAPIF) but lowers the price target from C$43 to C$37.
June 12, 2023 | 5:11 pm
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NEUTRAL IMPACT
BMO Capital maintains Outperform rating on Saputo (OTC:SAPIF) but lowers the price target from C$43 to C$37.
The news of BMO Capital maintaining an Outperform rating on Saputo indicates a positive outlook for the company. However, the lowering of the price target from C$43 to C$37 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100