Post by
Daudau11 on Jul 23, 2024 12:28pm
Price Targets
Canfor Corp Price Target Cut to C$20.00/Share From C$22.00 by BMO Capital Markets
Canfor Corp. Price Target Raised to C$23.00/Share From C$20.00 by Raymond James, Maintained at Outperform
Canfor Corp Price Target Cut to C$19.00/Share From C$20.00 by TD Securities
Comment by
Apaulson on Jul 23, 2024 1:30pm
Did that Raymond James idiot actually increase his price target? I guess Don Kayne did retired so things can't get worse one would think.
Comment by
Possibleidiot01 on Jul 23, 2024 3:51pm
Also a raise on , factors in I would think? Canfor Pulp Products (TSE:CFX) had its price target raised by analysts at Raymond James from C$1.75 to C$2.75. They now have an "outperform" rating on the stock. This represents a 175.0% upside from the current price of C$1.00.
Comment by
Apaulson on Jul 23, 2024 5:05pm
Daryl swetlishoff of Raymond James must be betting on a takeover offer from jimmy pattison......he's usually wrong but i guess swetlishiff could be right for once.
Comment by
Apaulson on Jul 23, 2024 6:03pm
There was quite the price reversal and above average volume today. Volume lately has been higher than the past 12 month average. Maybe a takeover is coming now that interest rates are clearly on the downswing. This might be a bottom.