RBC Capital Maintains Outperform on iA Financial, Raises Price Target to C$100
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Darko Mihelic maintains an Outperform rating on iA Financial and raises the price target from C$96 to C$100.
August 08, 2023 | 2:45 pm
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RBC Capital maintains an Outperform rating on iA Financial and raises the price target from C$96 to C$100. This could potentially lead to an increase in the stock's price.
The Outperform rating maintained by RBC Capital indicates that they expect iA Financial to do better than the market average. The increase in the price target from C$96 to C$100 suggests that they believe the stock is undervalued at its current price, which could lead to an increase in the stock's price as the market adjusts to this new information.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100