Canaccord Genuity Downgrades Rogers Communications to Hold, Lowers Price Target to C$57
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has downgraded Rogers Communications (NYSE:RCI) from Buy to Hold and lowered the price target from C$59 to C$57.
July 25, 2024 | 11:20 am
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Canaccord Genuity has downgraded Rogers Communications from Buy to Hold and lowered the price target from C$59 to C$57.
The downgrade from Buy to Hold and the reduction in the price target by Canaccord Genuity is likely to negatively impact investor sentiment and short-term stock price performance for Rogers Communications.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100