Barclays Maintains Underweight on Computer Modelling Group, Raises Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Anderson has maintained an Underweight rating on Computer Modelling Group (OTC:CMDXF) and raised the price target from C$6 to C$7.
August 15, 2023 | 10:58 am
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NEUTRAL IMPACT
Barclays has maintained an Underweight rating on Computer Modelling Group and raised the price target from C$6 to C$7.
While the raised price target indicates a positive outlook, the Underweight rating suggests that Barclays believes the stock may underperform the market. This mixed signal could lead to neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100