Scotiabank Maintains Sector Outperform on Bank of Montreal, Lowers Price Target to C$137
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Meny Grauman maintains a Sector Outperform rating on Bank of Montreal but lowers the price target from C$141 to C$137.
May 17, 2024 | 1:49 pm
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NEUTRAL IMPACT
Scotiabank analyst Meny Grauman maintains a Sector Outperform rating on Bank of Montreal but lowers the price target from C$141 to C$137.
The maintained Sector Outperform rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100