Scotiabank Downgrades TFI International to Sector Perform, Announces $165 Price Target
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Konark Gupta has downgraded TFI International (NYSE:TFII) from Outperform to Sector Perform and set a price target of $165.
July 13, 2023 | 4:56 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
TFI International has been downgraded by Scotiabank from Outperform to Sector Perform with a new price target of $165.
The downgrade from Scotiabank could potentially lead to a short-term negative impact on TFI International's stock price. Investors often react to such changes in analyst ratings, which can cause stock prices to adjust. The new price target of $165 also provides a benchmark that investors will be watching closely.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100