BMO Capital Maintains Outperform on CCL Industries, Lowers Price Target to C$77
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Stephen MacLeod has maintained an 'Outperform' rating on CCL Industries but lowered the price target from C$79 to C$77.
August 11, 2023 | 12:56 pm
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NEUTRAL IMPACT
CCL Industries' price target has been lowered from C$79 to C$77 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital could potentially create a negative sentiment among investors. However, the maintenance of the 'Outperform' rating indicates that the analyst still sees potential in the stock, which could balance out the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
CCL Industries' price target has been lowered from C$79 to C$77 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital could potentially create a negative sentiment among investors. However, the maintenance of the 'Outperform' rating indicates that the analyst still sees potential in the stock, which could balance out the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100