RBC Capital Maintains Outperform on ROGERS COMMUNICATIONS INC, Raises Price Target to C$71
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Drew McReynolds has maintained an Outperform rating on Rogers Communications Inc. (TSX:RCI) and increased the price target from C$69 to C$71.
November 10, 2023 | 6:33 pm
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RBC Capital has reaffirmed its Outperform rating on Rogers Communications Inc. and raised its price target, indicating a positive outlook on the stock.
The reaffirmation of an Outperform rating and an increase in the price target by a major analyst like RBC Capital typically signals confidence in the company's future performance. This can lead to increased investor interest and potentially a rise in the stock price in the short term.
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