TD Securities Upgrades CGI INC to Buy, Lowers Price Target to C$160
Portfolio Pulse from Benzinga Newsdesk
TD Securities analyst Daniel Chan upgraded CGI INC (TSX:GIB) from Hold to Buy, while lowering the price target from C$165 to C$160.
May 02, 2024 | 2:11 pm
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CGI INC was upgraded by TD Securities from Hold to Buy, with a revised price target of C$160, down from C$165.
The upgrade to Buy suggests a positive outlook on the stock by the analyst, indicating a potential upside. However, the reduction in the price target might temper expectations slightly, suggesting a cautious optimism about the stock's growth potential.
CONFIDENCE 95
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