TSX:BMO - Post Discussion
Post by
ace1mccoy on Jan 19, 2022 8:30am
Barclay Hikes -G&M
Barclays analyst John Aiken made a pair of rating changes to Canadian bank stocks on Wednesday.
He raised Bank of Montreal (
) to “overweight” from “equal weight” with a $165 target, rising from $140. The average on the Street is $156.44.
Conversely, he lowered Canadian Imperial Bank of Commerce (CM-T) to “equal weight” from “overweight” with a $169 target, up from $162 and above the $166.23 average.
Mr. Aiken also raised his Bank of Nova Scotia (
) target to $96 from $84, keeping a “overweight” rating. The average is $94.24.
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