Scotiabank Reiterates Sector Outperform on Tricon Residential, Maintains $11 Price Target
Portfolio Pulse from richadhand@benzinga.com
Scotiabank analyst Mario Saric has reiterated a 'Sector Outperform' rating on Tricon Residential (NYSE:TCN) and maintained a price target of $11.
June 30, 2023 | 2:43 pm
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Scotiabank has reiterated a 'Sector Outperform' rating on Tricon Residential and maintained a price target of $11.
The reiteration of a 'Sector Outperform' rating by Scotiabank indicates a positive outlook for Tricon Residential. The maintained price target of $11 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward price movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100