- NFI Group Inc NFI NFYEF has been downgraded to Market Perform from Outperform by BMO Capital analyst Jonathan Lamers.
- The analyst also lowered the price target to C$15.50, from C$21.
- Lamers stated that he is concerned with downside risk to the company's 2022 guidance as supply chain challenges are unlikely to improve in the near term and with inflation impacting margins.
- Price Action: NFI shares are trading lower by 5.71% at C$13.89 on TSX, and NFYEF is lower by 6.56% at $10.83 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Posted In:
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
