Barclays Maintains Underweight on National Bank of Canada, Raises Price Target to C$96
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst John Aiken has maintained an 'Underweight' rating on National Bank of Canada (TSX:NA) and raised the price target from C$92 to C$96.

August 21, 2023 | 12:25 pm
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NEUTRAL IMPACT
Barclays' analyst has maintained an 'Underweight' rating on National Bank of Canada and raised the price target, which could influence investor sentiment towards Barclays.
As Barclays' analyst has made a significant call on National Bank of Canada, this could influence how investors perceive Barclays' market analysis capabilities. However, as this is a routine part of an analyst's job, the impact on Barclays' stock price is likely to be neutral in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70