Scotiabank Reiterates Sector Perform on Capital Power, Maintains C$52 Price Target
Portfolio Pulse from richadhand@benzinga.com
Scotiabank analyst Jessica Hoyle has reiterated a 'Sector Perform' rating on Capital Power (TSX:CPX) and maintained a price target of C$52.
June 30, 2023 | 2:40 pm
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Scotiabank has reiterated its 'Sector Perform' rating on Capital Power, maintaining a price target of C$52.
The reiteration of the 'Sector Perform' rating by Scotiabank indicates that the bank expects Capital Power's performance to be in line with the sector average. The maintained price target of C$52 suggests that the bank does not foresee significant price movement in the short term. This could lead to a neutral impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100