RBC Capital Maintains Sector Perform on Morguard, Lowers Price Target to C$135
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Pammi Bir has maintained a 'Sector Perform' rating on Morguard (TSX:MRC), but lowered the price target from C$145 to C$135.
November 06, 2023 | 4:58 pm
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RBC Capital has maintained its 'Sector Perform' rating on Morguard, but lowered the price target from C$145 to C$135.
The lowering of the price target by RBC Capital indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Morguard's stock price.
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