Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

td bank lowers price

[MARKOPOLIS]

AX.UN Artis Real Estate Investment Trust Unit

Target Lowered by

TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating

C$6.95 -1.3%

C$9.00 C$7.50

Hold

[Frankie10]

The banks know rates are going higher. They receive insider info and collude amongst each other, regularly. It's easy to lower targets for companies heavily in debt with variable rate exposure when you know a hike is coming down the pike. Manji's directional bet that rates would not get this high has truly been a disaster. Hope I'm wrong.

[DZtrader]

Hey Frankie, pretty keen insights! Will agree on one thing anyways, and that's Manji's bet on rates was in fact a disaster. He still appears to be trying to game rates although this time I think he will come out on the right side and that's where you and I differ. Respectfully, while you anticipate a rate increase come the 7th, I will take the other side of that and say we maintain

[Frankie10]

I have my popcorn ready for the fireworks... I continue to unload... sold some GOOG yesterday at 120... I wish you the absolute best, as I do everyone, regardless of the names I call them out of frustration.