BMO Capital Maintains Market Perform on Aritzia, Lowers Price Target to C$37
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Stephen MacLeod has maintained a 'Market Perform' rating on Aritzia (TSX:ATZ) but lowered the price target from C$50 to C$37.
July 12, 2023 | 12:07 pm
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Aritzia's price target has been lowered from C$50 to C$37 by BMO Capital, though the 'Market Perform' rating is maintained.
The lowering of the price target by BMO Capital indicates a potential decrease in Aritzia's stock value in the short term. However, the maintenance of the 'Market Perform' rating suggests that the company is still expected to perform at par with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100