RBC Capital Maintains Sector Perform on Rogers Communications, Raises Price Target to C$72
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Drew McReynolds has maintained a 'Sector Perform' rating on Rogers Communications (TSX:RCI) and raised the price target from C$71 to C$72.
July 27, 2023 | 3:59 pm
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RBC Capital has maintained a 'Sector Perform' rating on Rogers Communications and raised the price target from C$71 to C$72.
The news is directly about Rogers Communications. The 'Sector Perform' rating suggests that the analyst expects the company's performance to be in line with the sector average. The increase in price target could be seen as a positive signal, but it's a minor increase and the overall rating hasn't changed, so the impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100