BMO Capital Maintains Market Perform on Aritzia, Lowers Price Target to C$32
Portfolio Pulse from Benzinga Newsdesk
BMO Capital's analyst Stephen MacLeod has maintained a 'Market Perform' rating on Aritzia (TSX:ATZ) but lowered the price target from C$37 to C$32.
September 29, 2023 | 1:13 pm
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NEGATIVE IMPACT
Aritzia's price target has been lowered by BMO Capital from C$37 to C$32, while maintaining a 'Market Perform' rating.
The lowering of the price target by BMO Capital indicates a potential decrease in Aritzia's stock value in the short term. However, the 'Market Perform' rating suggests that the stock is expected to perform similarly to the overall market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100