Jefferies Initiates Coverage On Bank of Nova Scotia with Hold Rating, Announces Price Target of C$63
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst John Aiken initiates coverage on Bank of Nova Scotia with a Hold rating and a price target of C$63.
February 22, 2024 | 3:00 pm
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Jefferies initiated coverage on Bank of Nova Scotia with a Hold rating and a price target of C$63.
The initiation of coverage by Jefferies with a Hold rating and a specific price target provides investors with a new professional analysis to consider. However, a Hold rating typically suggests that the stock is expected to perform in line with the market or its sector, indicating neither a strong buy nor sell signal. The price target offers a benchmark for expectations but does not imply significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90