Barclays Maintains Equal-Weight on BCE, Lowers Price Target to $35
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst David Joyce has maintained an Equal-Weight rating on BCE Inc. (NYSE:BCE) and reduced the price target from $38 to $35.

April 09, 2024 | 11:37 am
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Barclays has maintained an Equal-Weight rating on BCE Inc. but lowered the price target from $38 to $35.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in BCE Inc.'s stock price. The maintenance of an Equal-Weight rating indicates that the analyst sees the company as adequately valued at its current price, but the lowered price target suggests a reassessment of the company's future growth prospects or market conditions.
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IMPORTANCE 80
RELEVANCE 100