Credit Suisse Upgrades Laurentian Bank of Canada to Neutral, Raises Price Target to C$44
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Amanda Abraham has upgraded Laurentian Bank of Canada from Underperform to Neutral and raised the price target from C$33 to C$44.
July 13, 2023 | 9:43 am
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Laurentian Bank of Canada has been upgraded from Underperform to Neutral by Credit Suisse, with a raised price target from C$33 to C$44.
The upgrade from Underperform to Neutral indicates a more positive outlook on the bank's performance by Credit Suisse. The raised price target from C$33 to C$44 suggests that the analyst expects the bank's stock price to increase in the short term. This could potentially lead to an increase in the bank's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100