RBC Capital Reiterates Outperform on Bank of Montreal, Lowers Price Target to C$138
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Darko Mihelic has reiterated an 'Outperform' rating on Bank of Montreal (TSX:BMO), but lowered the price target from C$143 to C$138.

August 31, 2023 | 12:57 pm
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RBC Capital has reiterated an 'Outperform' rating on Bank of Montreal, but lowered the price target from C$143 to C$138.
The news is directly related to Bank of Montreal (BMO). The 'Outperform' rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target might indicate a slightly less optimistic outlook than before, which could potentially impact the stock's performance in the short term.
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