TD Cowen Initiates Coverage On LeddarTech Holdings with Market Perform Rating
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Joshua Buchalter has initiated coverage on LeddarTech Holdings (NASDAQ:LDTC) with a Market Perform rating. This rating suggests that the analyst believes LDTC's stock performance will be in line with the average returns of the companies in the sector.
January 05, 2024 | 3:47 pm
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LeddarTech Holdings has been given a Market Perform rating by TD Cowen, indicating an expectation of average sector performance.
The Market Perform rating by TD Cowen suggests that the analyst does not see any significant catalysts that would cause LeddarTech Holdings' stock to outperform the market in the short term. This neutral rating may not have a strong impact on the stock price immediately, as it neither predicts underperformance nor outperformance relative to the market.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100