- AutoCanada Inc. ACQ AOCIF was downgraded to Sector Perform from Outperform, and the price target was lowered to C$37 from C$52 by National Bank analyst Maxim Sytchev.
- The analyst believes that AutoCanada's management continues to execute well, but the shares will have a challenge recapturing the prior highs amid higher inflation.
- Recently, Canaccord analyst Luke Hannan has lowered AutoCanada's price target to C$55 from C$60 while maintaining the Buy rating on the shares.
- Price Action: ACQ shares are trading higher by 4.39% at C$30.47 on TSX on the last check Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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
