Scotiabank Maintains Sector Perform on Cogeco Communications, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Scotiabank has maintained a 'Sector Perform' rating on Cogeco Communications (OTC:CGEAF) but lowered the price target from C$86 to C$83. The adjustment was made by analyst Maher Yaghi.
July 17, 2023 | 4:49 pm
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NEGATIVE IMPACT
Scotiabank has maintained its rating on Cogeco Communications but lowered the price target, potentially impacting the stock's performance.
The lowering of the price target by Scotiabank indicates a potential decrease in the value of Cogeco Communications' stock. This could lead to a negative short-term impact on the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100