RBC Capital Maintains Outperform on MDA, Raises Price Target to C$14
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Ken Herbert has maintained an 'Outperform' rating on MDA (TSX:MDA) and raised the price target from C$12 to C$14.

August 14, 2023 | 2:36 pm
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POSITIVE IMPACT
RBC Capital has maintained an 'Outperform' rating on MDA and raised the price target from C$12 to C$14.
The 'Outperform' rating maintained by RBC Capital indicates that they expect MDA to do better than the market average. The increase in the price target from C$12 to C$14 suggests that they believe the stock has potential for further growth. This could lead to increased investor interest and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100