Keefe, Bruyette & Woods Downgrades Bank of Montreal to Market Perform, Lowers Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Keefe, Bruyette & Woods has downgraded Bank of Montreal (NYSE:BMO) from Outperform to Market Perform and lowered its price target from $137 to $124.
June 03, 2024 | 4:09 pm
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Keefe, Bruyette & Woods downgraded Bank of Montreal from Outperform to Market Perform and reduced the price target from $137 to $124.
The downgrade from Outperform to Market Perform and the reduction in the price target from $137 to $124 by Keefe, Bruyette & Woods is likely to negatively impact investor sentiment and short-term stock price performance for Bank of Montreal.
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