GREY:ALARF - Post by User
Comment by
TickerTwiton Jul 27, 2017 4:51pm
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Post# 26518655
RE:National Bank upgrade
RE:National Bank upgradeI'll offer a more conservative interpretation: "outperform" is relative to peers, and a mere +10% target price being called 'outperform' suggests that the sub-sector is expected to be flat at best.
Did the NA report discuss expectations for peers?
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eljoro wrote: OUTPERFORM rating and they raised their target from $24 to $25
Obviously they were happy with the Q and CC.