BMO Capital Maintains Market Perform on Nexus Ind REIT, Lowers Price Target to C$10
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Michael Markidis has maintained a 'Market Perform' rating on Nexus Ind REIT (TSX:NXR) but lowered the price target from C$11 to C$10.
August 16, 2023 | 12:45 pm
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NEGATIVE IMPACT
BMO Capital has maintained its 'Market Perform' rating on Nexus Ind REIT but lowered the price target from C$11 to C$10.
The lowering of the price target by BMO Capital indicates a potential decrease in the stock's value. This could lead to a short-term negative impact on Nexus Ind REIT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100