BMO Capital Maintains Outperform on Maple Leaf Foods, Lowers Price Target to C$33
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Peter Sklar maintains an Outperform rating on Maple Leaf Foods (TSX:MFI) but lowers the price target from C$34 to C$33.
September 06, 2023 | 12:33 pm
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BMO Capital maintains an Outperform rating on Maple Leaf Foods but lowers the price target from C$34 to C$33.
The news is directly about Maple Leaf Foods. The Outperform rating suggests that BMO Capital expects the stock to do better than the market average, which is positive. However, the lowering of the price target might indicate a slightly less optimistic outlook than before, which could have a neutral to slightly negative impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100