Canaccord Genuity Maintains Hold on Cogeco Communications, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Aravinda Galappatthige has maintained a 'Hold' rating on Cogeco Communications (OTC:CGEAF) and raised the price target from C$66 to C$70.
July 17, 2023 | 4:47 pm
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Canaccord Genuity has maintained a 'Hold' rating on Cogeco Communications and raised the price target from C$66 to C$70.
The news is directly about Cogeco Communications. The 'Hold' rating suggests that the stock is expected to perform in line with the market or sector in the next 12 months. The increase in price target indicates that the analyst sees potential for the stock's price to increase, which could make it more attractive to investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100