BMO Capital Maintains Outperform on BSR REAL ESTATE INVESTMENT TRUST, Lowers Price Target to C$13.5
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Michael Markidis has maintained an Outperform rating on BSR REAL ESTATE INVESTMENT TRUST but has lowered the price target from C$16.5 to C$13.5.
November 14, 2023 | 2:42 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BMO Capital maintains an Outperform rating on BSR REAL ESTATE INVESTMENT TRUST but reduces the price target from C$16.5 to C$13.5, indicating a potential downside according to the analyst's view.
The reduction in price target by BMO Capital suggests that the analyst sees less upside potential for BSR REAL ESTATE INVESTMENT TRUST, which could lead to a negative short-term impact on the stock price. The Outperform rating indicates the analyst still sees the company favorably, but the lowered price target may weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100