RBC Capital Maintains Outperform on Intact Financial, Lowers Price Target to C$228
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Geoffrey Kwan has maintained an 'Outperform' rating on Intact Financial (TSX:IFC), but lowered the price target from C$229 to C$228.
July 11, 2023 | 12:20 pm
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Intact Financial's price target has been lowered by RBC Capital from C$229 to C$228, though the 'Outperform' rating is maintained.
The news is directly about Intact Financial and its rating by RBC Capital. The lowering of the price target might indicate a slightly less optimistic outlook, but the maintenance of the 'Outperform' rating suggests that the company is still expected to perform well. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100