CIX... Target change Desjardins Securities analyst Gary Ho has made a target price adjustment in his fourth-quarter preview report for TSX-listed asset manager CIX.
“Share prices for the group were down slightly in 4Q20 but have outperformed so far in 1Q21. We believe supportive equity markets in 2021 and momentum in industry retail net flows (with expenses held in check) provide a decent tailwind for the group,” he said.
Mr. Ho’s change: CI Financial Corp. (“hold”) to $20 from $19. Average: $20.69.