RBC Capital Maintains Sector Perform on CI Financial, Raises Price Target to C$21
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Geoffrey Kwan has maintained a 'Sector Perform' rating on CI Financial (TSX:CIX) and raised the price target from C$20 to C$21.

August 11, 2023 | 2:57 pm
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RBC Capital has maintained a 'Sector Perform' rating on CI Financial and raised the price target from C$20 to C$21.
The news is directly about CI Financial. The 'Sector Perform' rating suggests that the analyst expects the stock to perform in line with the sector average. The increase in price target could be seen as a positive signal, but it's not a strong buy or sell recommendation, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100