BMO Capital Maintains Outperform on Linamar, Lowers Price Target to C$85
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Peter Sklar has maintained an 'Outperform' rating on Linamar (TSX:LNR), but lowered the price target from C$92 to C$85.
August 10, 2023 | 1:18 pm
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NEUTRAL IMPACT
BMO Capital has maintained an 'Outperform' rating on Linamar, but lowered the price target from C$92 to C$85.
The news is directly related to Linamar and is likely to influence investor sentiment. The maintained 'Outperform' rating indicates that BMO Capital still sees potential in the stock, but the lowered price target may suggest a tempered outlook. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100