Scotiabank Maintains Hold on Bank of Nova Scotia, Lowers Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Mario Mendonca has maintained a 'Hold' rating on Bank of Nova Scotia (NYSE:BNS) and lowered the price target from C$68 to C$66.
August 30, 2023 | 3:22 pm
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Scotiabank has maintained a 'Hold' rating on Bank of Nova Scotia and lowered the price target, which could potentially impact the stock's performance.
The 'Hold' rating indicates that the analyst believes the stock will perform in line with the market in the near future. However, the lowering of the price target could indicate a less optimistic view of the company's future performance, which could potentially impact the stock's performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100