RBC Capital Maintains Outperform on Cascades, Raises Price Target to C$15
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Paul Quinn has maintained an 'Outperform' rating on Cascades (TSX:CAS) and raised the price target from C$14 to C$15.
August 04, 2023 | 3:33 pm
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RBC Capital has maintained an 'Outperform' rating on Cascades and raised the price target from C$14 to C$15.
The 'Outperform' rating indicates that the analyst believes the stock will do better than the market average. The increase in the price target suggests that the analyst sees potential for the stock's price to rise. This could lead to increased investor interest and potentially a short-term increase in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100