Citigroup Maintains Buy on Air Canada, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Stephen Trent has maintained a 'Buy' rating on Air Canada (OTC:ACDVF) and raised the price target from C$26 to C$30.
July 11, 2023 | 10:51 am
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Citigroup has maintained a 'Buy' rating on Air Canada and raised the price target, which could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence the market's perception of a stock. In this case, Citigroup's maintained 'Buy' rating and increased price target for Air Canada could lead to increased investor confidence, potentially driving the stock's price up in the short term.
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