RBC Capital Maintains Sector Perform on Morguard, Raises Price Target to C$145
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Pammi Bir maintains a Sector Perform rating on Morguard (TSX:MRC) and raises the price target from C$140 to C$145.
August 09, 2023 | 2:42 pm
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NEUTRAL IMPACT
RBC Capital maintains a Sector Perform rating on Morguard and raises the price target from C$140 to C$145.
The news is directly about Morguard and its price target being raised by RBC Capital. This suggests that the analyst sees potential in the company, but the 'Sector Perform' rating indicates that the company is expected to perform in line with the sector average, which is why the score is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100