BMO Capital Maintains Outperform on Magna International, Raises Price Target to $67
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Peter Sklar maintains an 'Outperform' rating on Magna International (NYSE:MGA) and raises the price target from $65 to $67.
August 07, 2023 | 12:26 pm
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POSITIVE IMPACT
BMO Capital maintains an 'Outperform' rating on Magna International and raises the price target from $65 to $67.
The raised price target by BMO Capital indicates a positive outlook for Magna International. This could potentially lead to an increase in the stock's price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100