RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Scotia set CXR target price US$75 and rated outperformance
"analyst on BNN this week who said that Concordia "took a Ferrari and turned it into a Hyundai" with the AMCo a acquition." ... and Scotia bank who actually went though the numbers and business says otherwise. Who do you have faith in? AMCo is virtually untouched by the acquisition and only stands to benefit from an expanding product portfolio. Concordia benefits from reduced geopolitical risk, expanded market reach and access to more products to distribute. Together they are greater than the sum of the parts and will become very clear in coming months.