RBC Capital Maintains Sector Perform on Cogeco Communications, Lowers Price Target to C$80
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Drew McReynolds has maintained a 'Sector Perform' rating on Cogeco Communications (TSX:CCA) but lowered the price target from C$84 to C$80.
November 06, 2023 | 4:41 pm
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NEGATIVE IMPACT
RBC Capital has maintained its 'Sector Perform' rating on Cogeco Communications but lowered the price target, which could potentially impact the stock's performance.
The lowering of the price target by RBC Capital indicates a potential decrease in the value of Cogeco Communications' stock. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100