Scotiabank Maintains Outperform on Exchange Income, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Konark Gupta maintains a 'Outperform' rating on Exchange Income (OTC:EIFZF) but lowers the price target from C$66 to C$65.
June 15, 2023 | 3:50 pm
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NEUTRAL IMPACT
Scotiabank maintains 'Outperform' rating on Exchange Income (OTC:EIFZF) but lowers the price target from C$66 to C$65.
The news of Scotiabank maintaining an 'Outperform' rating on Exchange Income (OTC:EIFZF) is positive for the stock. However, the lowering of the price target from C$66 to C$65 may have a neutralizing effect on the stock price in the short term. The overall impact is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100