BMO Capital Maintains Outperform on SunOpta, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Andrew Strelzik has maintained an 'Outperform' rating on SunOpta (NASDAQ:STKL) but lowered the price target from $10 to $9.

November 09, 2023 | 7:36 pm
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NEUTRAL IMPACT
SunOpta's price target has been lowered from $10 to $9 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, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100