Scotiabank Upgrades TIM to Sector Outperform, Raises Price Target to $24.8
Portfolio Pulse from Benzinga Newsdesk
Scotiabank has upgraded TIM (NYSE:TIMB) from Sector Perform to Sector Outperform and increased its price target from $17.5 to $24.8.
September 20, 2024 | 12:37 pm
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Scotiabank has upgraded TIM (NYSE:TIMB) from Sector Perform to Sector Outperform, raising the price target from $17.5 to $24.8.
The upgrade from Sector Perform to Sector Outperform by Scotiabank suggests increased confidence in TIM's future performance. The significant increase in the price target from $17.5 to $24.8 indicates a positive outlook, likely leading to a short-term increase in stock price as investors react to the analyst's improved expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100