RBC Capital Reiterates Sector Perform on National Bank of Canada, Maintains C$108 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Darko Mihelic has reiterated a 'Sector Perform' rating on National Bank of Canada (TSX:NA) and maintained a price target of C$108.
August 31, 2023 | 12:56 pm
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RBC Capital's reiteration of a 'Sector Perform' rating and maintenance of a C$108 price target for National Bank of Canada may influence investor sentiment.
Analyst ratings and price targets can influence investor sentiment and potentially impact a stock's price. In this case, RBC Capital's reiteration of a 'Sector Perform' rating and maintenance of a C$108 price target for National Bank of Canada may be seen as a sign of stability, which could be positive for investor sentiment. However, as this is a reiteration and not a change, the impact may be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100