Raymond James Downgrades Stantec to Market Perform, Lowers Price Target to C$120
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Frederic Bastien has downgraded Stantec from Outperform to Market Perform and lowered the price target from C$125 to C$120.
August 09, 2024 | 5:40 pm
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NEGATIVE IMPACT
Raymond James has downgraded Stantec from Outperform to Market Perform and reduced the price target from C$125 to C$120.
The downgrade from Outperform to Market Perform and the reduction in the price target by Raymond James is likely to negatively impact investor sentiment and short-term stock price performance for Stantec.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100