RBC Capital Maintains Sector Perform on Bank of Nova Scotia, Raises Price Target to C$64
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Darko Mihelic maintains a Sector Perform rating on Bank of Nova Scotia (BNS) and raises the price target from C$62 to C$64.
February 28, 2024 | 2:45 pm
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RBC Capital analyst Darko Mihelic maintains a Sector Perform rating on Bank of Nova Scotia and raises the price target from C$62 to C$64.
The increase in the price target by RBC Capital suggests a positive outlook on the Bank of Nova Scotia's stock, potentially leading to a short-term increase in its stock price. The maintenance of a Sector Perform rating indicates that the analyst views the stock as adequately valued at its current price but sees potential for growth to the new target price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100