RBC Capital Maintains Sector Perform on Power Corp of Canada, Raises Price Target to C$45
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Geoffrey Kwan has maintained a 'Sector Perform' rating on Power Corp of Canada (TSX:POW) and raised the price target from C$41 to C$45.
August 14, 2023 | 2:44 pm
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RBC Capital has maintained a 'Sector Perform' rating on Power Corp of Canada and raised the price target from C$41 to C$45.
The news is directly about Power Corp of Canada. The 'Sector Perform' rating suggests that the analyst expects the company's performance to be in line with the sector average. The increase in price target indicates a positive outlook, but as it's not an upgrade to 'Outperform' or 'Buy', the impact on the stock price is likely to be neutral in the short term.
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IMPORTANCE 70
RELEVANCE 100