Credit Suisse Maintains Outperform on National Bank of Canada, Lowers Price Target to C$108
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Amanda Abraham maintains an 'Outperform' rating on National Bank of Canada (TSX:NA), but lowers the price target from C$112 to C$108.
August 31, 2023 | 11:51 am
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Credit Suisse's lowered price target for National Bank of Canada may impact investor sentiment towards the bank.
As a leading financial services company, Credit Suisse's ratings and price targets can significantly influence investor sentiment. The lowered price target for National Bank of Canada, while maintaining an 'Outperform' rating, suggests that while the bank is expected to outperform the market, its growth may be slower than previously anticipated.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100