RBC Capital Maintains Outperform on FIRST CAP REAL ESTATE INVT TR, Lowers Price Target to C$17
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Pammi Bir has maintained an 'Outperform' rating on FIRST CAP REAL ESTATE INVT TR (TSX:FCR), but lowered the price target from C$19 to C$17.

November 02, 2023 | 5:02 pm
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RBC Capital has maintained an 'Outperform' rating on FIRST CAP REAL ESTATE INVT TR, but lowered the price target from C$19 to C$17.
The 'Outperform' rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target could indicate a reduced growth expectation, which might have a neutral impact on the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100