BMO Capital Maintains Outperform on Chorus Aviation, Lowers Price Target to C$4.75
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Fadi Chamoun has maintained an 'Outperform' rating on Chorus Aviation but lowered the price target from C$5.35 to C$4.75.

August 08, 2023 | 12:25 pm
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Chorus Aviation's price target has been lowered by BMO Capital from C$5.35 to C$4.75, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital indicates a potential decrease in the short-term value of Chorus Aviation's stock. However, the maintained 'Outperform' rating suggests that the stock is still expected to outperform the market or its sector, which could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100