Scotiabank Maintains Sector Outperform on ROGERS COMMUNICATIONS INC, Lowers Price Target to C$71.5
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Maher Yaghi maintains a Sector Outperform rating on Rogers Communications Inc but lowers the price target from C$72 to C$71.5.
October 10, 2024 | 4:13 pm
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Scotiabank has maintained its Sector Outperform rating for Rogers Communications Inc but slightly lowered the price target from C$72 to C$71.5.
The maintenance of a Sector Outperform rating suggests continued confidence in Rogers Communications Inc's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80