BMO Capital Maintains Market Perform on Bank of Nova Scotia, Lowers Price Target to C$68
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Sohrab Movahedi has maintained a Market Perform rating on Bank of Nova Scotia, while reducing the price target from C$73 to C$68.
November 29, 2023 | 2:06 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
BMO Capital has maintained a Market Perform rating on Bank of Nova Scotia and lowered the price target from C$73 to C$68.
The reduction in price target by BMO Capital suggests a more conservative valuation of Bank of Nova Scotia, which could lead to a negative short term sentiment among investors and potentially a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100