BMO Capital Maintains Outperform on Air Canada, Lowers Price Target to C$31
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Fadi Chamoun has maintained an 'Outperform' rating on Air Canada, but has lowered the price target from C$33 to C$31.
October 19, 2023 | 3:53 pm
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Air Canada's price target has been lowered from C$33 to C$31 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital could potentially create a negative sentiment among investors. However, the maintained 'Outperform' rating suggests that the analyst still sees potential upside, which could balance out the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100