RBC Capital Maintains Sector Perform on Quebecor, Raises Price Target to C$38
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Drew McReynolds has maintained a 'Sector Perform' rating on Quebecor (TSX:QBR) and raised the price target from C$36 to C$38.
August 11, 2023 | 3:10 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
RBC Capital has maintained a 'Sector Perform' rating on Quebecor and raised the price target from C$36 to C$38.
The news is directly about Quebecor. The 'Sector Perform' rating suggests that the analyst expects the stock to perform in line with the sector average. The increase in price target indicates a positive outlook, but it's not a strong buy signal. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100