BMO Capital Maintains Market Perform on Aritzia, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Stephen MacLeod has maintained a 'Market Perform' rating on Aritzia (OTC:ATZAF) but lowered the price target from C$50 to C$37.
July 12, 2023 | 5:10 pm
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NEGATIVE IMPACT
Aritzia's price target has been lowered by BMO Capital from C$50 to C$37, while maintaining a 'Market Perform' rating.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Aritzia's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100