Barclays Maintains Overweight on Bank of Montreal, Raises Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst John Aiken has maintained an Overweight rating on Bank of Montreal (NYSE:BMO) and raised the price target from $123 to $131.
August 21, 2023 | 10:31 am
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on Bank of Montreal and raised the price target from $123 to $131, which could positively impact the stock.
The Overweight rating maintained by Barclays indicates a positive outlook for Bank of Montreal. The increase in price target from $123 to $131 suggests that the analyst expects the stock to outperform, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100