RBC Capital Maintains Sector Perform on Melcor REIT, Lowers Price Target to C$5.5
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Tom Callaghan has maintained a 'Sector Perform' rating on Melcor REIT (TSX:MR) and lowered the price target from C$6 to C$5.5.
August 01, 2023 | 1:54 pm
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RBC Capital has maintained a 'Sector Perform' rating on Melcor REIT and lowered the price target from C$6 to C$5.5.
The lowering of the price target by RBC Capital indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Melcor REIT's stock price.
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